Key events this week: US jobs report could move markets

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Will the market adage of “sell in May and go away” ring true as we enter this infamous month?

Perhaps it’s prudent to consider the average performance of the S&P 500 over the past 20 years. For the month of May, the S&P 500 averaged a gain of 0.38%. While it’s the lowest average monthly climb, it still beats the average losses seen in other months over the past two decades:

January: -0.05%
February: -0.58%
March: 0.46%
April: 2.53%
May: 0.38%
June: -0.62%
July: 1.19%
August: -0.15%
September: -0.77%
October: 1.07%
November: 2.19%
December: 0.72%… Read More:

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