May Curse on the Stock Exchange: Investors Rush to Sell Their Stocks
The US stock market has come under pressure from an old stock market saying that boils down to "sell in May and leave".
This week, investors are focused on corporate reports and macroeconomic indicators, including the US employment report expected on Friday. However, experts warn that even if the data turns out to be positive, seasonal expectations may prevail, and the market will still go down.