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May 1, 2017 |
Market Flash Report - May 2017
U.S. stocks extended their gains as a series of upbeat earnings reports last month helped bolster optimism about the economy. The S&P 500 advanced for the 6th month in a row (the index has posted a positve return in 13 out of the past 14 months) while the technology-oriented Nasdaq broke through to a new record high.