Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
April closes with mixed market performance as S&P 500 declines by 3%, breaking a 5-month winning streak. Historically, April declines have occurred in select years, impacting market trends. Despite this, May historically sees gains on the first trading day, with S&P 500 and R2K rising 69.2% of the time. Recent returns show varied performance across sectors, with Utilities, Energy, and Consumer Staples leading the way.
Returns over the past 2 months: S&P500 down 1.82%, Dow down 2.25%, Nasdaq100 down 4.6%, Tech down 6.7%, Consumer Discretionary down 4.8%. The leaders have been Utilities +9%, Energy +8% and Consumer Staples +2%. https://t.co/M1i16r3v35
April Showers On Wall Street: Miners, Utilities Emerge As Bright Spots In Gloomy Market S&P 500, represented by SPDR S&P 500 ETF Trust, ends April with a 3% decline, snapping a 5-month winning streak. Only utilities rise this month. Energy is flat, while the remaining nine S&P… https://t.co/jQGPWWm6wr
SP500 & R2K higher 69.2% of the time on first trading day of May last 26 years. Avg gains 0.36% & 0.21%. Best SP500 gain 1.71% in 2008, worst loss –2.82 in 2020. https://t.co/HeUwBw0OcK https://t.co/ytGYekadDr