By: Adam Hardy Editor: Julia Glum
Both the S&P 500 and Nasdaq closed out April with their strongest monthly performances since 2020. Whether that momentum carries through May is yet to be seen. Historically, May has kicked off a six-month season of lackluster returns in the U.S., reinforcing a centuries-old investing adage: “Sell in May and go away.” “The idea suggests investors should step away from equities during the summer months and re-ent…
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