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S&P 500 Wipes Out $4 Trillion in Its Second-Worst May Since ‘60s

  • Escalating trade tensions send stocks to worst month of year
  • Bulls can find solace as sentiment signals possible bottom
Views Of Wall Street As Stocks Extend Losses
Photographer: John Taggart/Bloomberg

If euphoria was the concern, you can stop worrying.

With books now closed, the S&P 500 has formally delivered its worst May return in seven years and second-worst since the 1960s, falling 6.6%. For tech traders watching the Nasdaq 100, the experience was only a shade less harrowing than the crash months of October and December.