LIVE MARKETS-STOXX: best May in 35 years but summer looms

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STOXX: BEST MAY IN 35 YEARS BUT SUMMER LOOMS

"Sell in May and go away", the old adage goes, but not this year.

The STOXX 600 .STOXX is up 4.5% this month and heading for its biggest monthly rise since January. In fact, it has been the best May for the index since a 7.4% rise in May 1990.

Taking a look at the first five months of the year, 2025 has been the strongest start to the year since 2021 and second best first five months since the onset of COVID in 2020.

And now onto June...

Since the turn of the millennium, June has, on average, been the month with the second-worst performance for the pan-continental benchmark, behind only September.

But, remember: past performance is no guarantee of future results.

(Samuel Indyk)

FOR FRIDAY'S OTHER LIVE MARKETS POSTS:

MORE DOLLAR DEPRECIATION WOULD WEIGH ON EUROPEAN BANK EARNINGS - JPM CLICK HERE

PATH OF LEAST RESISTANCE IS TO THE UPSIDE CLICK HERE

STOXX TICKS HIGHER, CHEMICALS AND REAL ESTATE PROVIDE LIFT CLICK HERE

EUROPE BEFORE THE BELL: FUTURES FLAT BUT STOXX HEADS FOR MONTHLY GAIN CLICK HERE

COURTROOM TWISTS ADD TO TARIFF RISKS CLICK HERE