S&P 500 typically rallies from late spring into summerhas had a strong end of spring into early summer period over the past decade years, led up by health care stocks.
The broad index has gained an average of 5% between May 5 and Aug. 5 when averaging the three-month period over the last 10 years, according toHealth care stocks have typically led the index higher, gaining 7.2% on average in the time period over the last decade. The S&P 500's real estate and technology sectors have also historically outperformed when averaging the 10 three-month periods, with each advancing 5.8% in a typical period.
Energy is the only S&P 500 sector to have an average loss in this three-month trading period. When comparing returns from the last 10 years, the sector has ended down a modest 0.1% on average.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »