The month of May this year turns out to be a pretty good month for the stocks. All major indexes advanced for May: The Dow went up 4.1 percent, the S&P 500 index rose 5.3 percent, and the Nasdaq gained 3.3 percent. Automotive sector and emergent market are among the strongest sectors for the week. The S&P 500 index is still in the consolidation mode as shown in the chart below.
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