S&P 500 Still On Track For First Monthly Decline In 2019

Credit: Wochit Business
Published on May 21, 2019 - Duration: 00:54s

S&P 500 Still On Track For First Monthly Decline In 2019

According to Reuters, the S&P 500 is on track for its first monthly decline this year.

After hitting a 20-month low in late December, the S&P has rebounded about 20-percent.

But the benchmark index has weathered a rough May.

At the beginning of the month, the S&P set a new all-time record high, but the market has shed 3-percent since then.

On May 21st, the S&P managed to rise almost 1-percent for 24-points of gains, bringing the index to 2,864.

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S&P 500 Still On Track For First Monthly Decline In 2019

MAY 9, 2019, FILE PHOTO A MARCH 18, 2019, FILE PHOTO

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