S&P 500 Suffers a Steep Fall in May 2019

SPX fell 6.6% in May 2019, the worst return for this month since seven years.


May was not a very good month for global financial markets, given the escalating trade tensions between US and China. SPX fell 6.6% in May 2019, the worst return for this month since seven years.

Among the 11 S&P 500 groups, only one – that of real estate – experienced a boost, but that was a result of the yield on the 10-year Treasury notes falling to a 20-month low. Semiconductor companies trading on the S&P 500 with an exposure to Chinese markets suffered the steepest decline last month, most likely over the Huawei blacklisting row.

At the start of the new trading week, SPX is trading at a little above 2750. Analysts expect volatility to reign in stock markets until some positive news regarding trade talks between US and China emerge.

ABOUT THE AUTHOR See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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