May: S&P 500, Nasdaq's Best Month

This is a U.S. news story, published by CNBC, that relates primarily to Todd Sohn news.

U.S. news

For more U.S. news, you can click here:

more U.S. news

Todd Sohn news

For more Todd Sohn news, you can click here:

more Todd Sohn news

News about Us federal policies

For more Us federal policies news, you can click here:

more Us federal policies news

CNBC news

For more news from CNBC, you can click here:

more news from CNBC

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best politics news, business news, entertainment news, and much more. If you like this article about Us federal policies, you might also like this article about

tariffs

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest steel tariffs news, tariff news, news about Us federal policies, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

tariff rhetoric

CNBC

•

US Politics

CNBC Daily Open: Playing "chicken" in markets can be a risky affair

Summary

Nutrition label

86% Informative

For May , the S&P 500 and the Nasdaq Composite had their best month since November 2023 .

The U.S. personal consumption expenditures price index rose 2.1% on an annual basis in April , in line with forecasts.

Trump on Friday said he will raise import duties on steel to 50% from 25% .

The European Union said it is "prepared to impose countermeasures".

Right now, the action is telling investors to stick to the shorter-end of the fixed-income market with their maturities. Long-term treasuries and long-term corporate bonds have posted negative performance since September , which is very rare, said Todd Sohn , senior ETF and technical strategist at Strategas Securities , on " ETF Edge ." The only other time that's happened in modern times was during the Financial Crisis ," he added. "It is hard to argue against short-term duration bonds right now.".

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful