The S&P 500 Index Is Down 9.54% In the Month of May

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Ouch…

The total return for the S&P 500 Index for the month of May (through May 20th) is -9.54%! If it stands for the rest of the month, it will go down as the 4th worst May in the history of the index. In fact, it will be the worst May since 1940.

The index is also down 3.17% for the year.

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