May Index Scorecard: PHLX Gold/Silver Sector Has Strong Month
The overall performance for May among the 68 indexes tracked was slightly positive, up 0.6% on average. Of those 68 indexes, 41 had positive performance for the month.
PHLX Gold/Silver Sector (XAU) was by far May’s best performer with an increase of 15.4%. In second place, the KBW Bank Index (BKX) was up 5.0%. Nasdaq US Health Care Innovators (NQHCIN) was the worst performer, declining 6.9%.
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Nasdaq Index Research Team
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