CP US MARKET UPDATE

US markets ended the month of May with big losses, with the Dow and S&P 500 posting their worst one-day drops since mid-April, but major averages still logged monthly gains. The Dow rallied 1.86 percent, the S&P 500 jumped 2.08 percent, and the Nasdaq soared 3.82 percent for the month of May. The CBOE volatility index soared above 16.

 

The Dow Jones industrial average fell 208.96 points to close at 15,115.57. The Standard & Poor's 500 Index lost 23.67 points to 1,630.74. The Nasdaq Composite Index slipped 35.38 points to 3,455.91.

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