S&P 500 Gain After Five Months Bodes Well for Next Seven

Further gains are due for the S&P 500 Index if history is any guide, according to Nautilus Research. The firm analyzed the index’s performance after rising 10% to 15% in the first five months of the year and presented the results in a Twitter post Tuesday. The S&P 500 climbed 11.9% this year through May and ended up within the range for the 11th time since 1950, according to data compiled by Bloomberg. All the earlier instances were followed by gains in June through December, which averaged 11.5%.