Wall Street recorded a historically strong May with the S&P 500 posting its best May performance since 1990, rising over 6% in the month, its biggest monthly gain since November 2023. The rally defied the traditional "Sell in May and Go Away" adage, driven by easing trade tensions, robust corporate earnings, and renewed investor optimism (read: 5 Sector ETFs That Beat the Market in May).SPDR S&P 500 ETF Trust (SPY) , the proxy version of the S&P 500 Index, has gained 6.3% over the past month. While many sto ...

The Zacks Medical - Products industry is expected to face growing uncertainty as the United States reimposes tariffs. Tariffs on medical devices — rising from 10% to 30% on Chinese-made components — may disrupt U.S. MedTech economics, especially for manufacturers bound by fixed-price hospital contracts. Many are lobbying for exemptions to avoid unmanageable input costs.While U.S. PPE producers may benefit from reduced competition with subsidized Chinese firms, analysts caution that suppliers could shift ass ...