U.S. stocks closed mixed. Dow Jones Industrial Average fell 118 points (-0.31%) to 37,592, S&P 500 gained 3 points (+0.08%) to 4,783, and Nasdaq 100 edged up 12 points (+0.07%) to 16,832.
Market Wrap: Dow Soars, Nasdaq Slips on Inflation Data
History shows that equity returns are lower on average beginning in May which has led to the 'Sell in May and Go Away' stock market anomaly. What might this mean for stocks now?