Stocks Close Out May in the Black
Despite closing down considerably on the last day of May - due to confirmation that the US will proceed with tariff plans against its North American and European allies - broad indices closed the month of May in positive territory.
The S&P 500 closed May with a gain of 2.2%, while the Dow Jones Industrial Average, NASDAQ, and Russell 2000 increased 1.0%, 5.3%, and 5.0%, respectively. The strong performance of stocks in the month helped the S&P 500 extend into positive-return territory for the year-to-date period, and the Dow inched closer to positive territory.
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