SINGAPORE (May 1): The US market had one of its best months in the past 30 years in April. However, May could turn out to be more volatile. The S&P 500 Index (SPX) remains in its rally pattern, but as it approaches its upside target of 3,023 following a break above resistance at 2,620 in early April, the SPX could encounter resistance.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe