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If April showers bring May flowers, then perhaps investors can rejoice that April is over and look forward to better times in May.
US equities struggled last month, with the S&P 500, Dow Jones Industrial Average, and Nasdaq all falling by 4.16%, 5.00%, and 4.41%, respectively.
Regarding inflation, the Consumer Price Index reported in early April ticked up to 3.5% and led to a further pricing out of rate cuts from the Fed this year.
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If April showers bring May flowers, then perhaps investors can rejoice that April is over and look forward to better times in May....