S&P 500 closes up 1.05% for the month of May. @StovallSPCAPIQ informs investors the market returns an average 3.5% during the six months May-Oct when May post positive returns. The frequency of the market rising versus declining jumps to 87%.
Health Care, Information Technology and Financials were the leading sectors for the month gaining 4.33%, 2.04% and 1.64% respectively.
