KQEH Nightly Business Report June 1, 2016
Is something that hasnt happened in about two years. For a while today, it looked like that monthly win streak was going to end at three. But by the close the blue chip index was off 86 points, down but enough still to be positive for the month. Nasdaq gained 14. The s p 500 fell 2. The big winner for the month of may was the nasdaq, up more than 3. 5 . And according to bob pisani, the action weve seen is indicative of a healthy market. Reporter sell in may and go away . Not really. It wasnt a spectacular month but it wasnt a washout either. What we did see was healthy rotation. For example, t...