By David Lesnick on Thursday, 09 May 2024
Category: Investment

Monthly Market Insights | May 2024

Despite a late-month rally, stocks fell in April as investors struggled with a hotter-than-expected inflation report and mixed news about the economy.

The Dow Jones Industrial Average dropped 5.00 percent, while the Standard & Poor's 500 Index declined 4.16 percent. The tech-heavy Nasdaq Composite fell 4.41 percent. 

Read more on the May 2024 Market Update & Insights

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