The month of June was best for S&P 500 since 1958

June usually isn’t a great month to buy stocks

Changes for the S&P 500:

  • Daily +0.6% (+17 points to 2941)
  • Monthly +6.9%
  • Quarterly +3.8%

All the US indexes performed roughly in-line over the month, with gains around 7% and slight outperformance in the Nasdaq (+7.4%).
This was really about the reversal of the Mexican tariffs. The market was up 3.0% from where they were on May 22 before the tariff talk started.

Source: https://www.forexlive.com

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