17 April 2024
1300 794 893
AAP Image/Joel Carrett

May was a choppy month for the market – what’s in store for June?

Paul Rickard
2 June 2022

Although finishing with a small loss of 2.6% in May, the Aussie sharemarket continues to outperform the US and most other advanced economy sharemarkets. In price terms, the benchmark S&P/ASX 200 has lost 3.1% since the start of the year to close the month at 7211. Add back dividends received and the loss narrows to 1.3%.

But in the US, the tech-heavy NASDAQ has shed 22.8% while the broader S&P 500 is down 13.3% in 2022. The Dow Jones, which measures the performance of a basket of 30 stocks, has lost 9.2%. Interestingly, both the Dow Jones and S&P 500 crawled into the black in May.

So where is the relative “outperformance” coming from?

Sign up to the Switzer Report to read the full article and gain access to exclusive content like our weekly investing webinar hosted live by Peter Switzer and Paul Rickard.

Get the latest financial, business, and political expert commentary delivered to your inbox.

When you sign up, we will never give away or sell or barter or trade your email address.

And you can unsubscribe at any time!
1300 794 893
© 2006-2021 Switzer. All Rights Reserved. Australian Financial Services Licence Number 286531. 
shopping-cartphoneenvelopedollargraduation-cap linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram