Asia markets set for mixed open as investors await China's trade figures for April

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Asian markets are mixed as China releases its trade figures, which will provide clues to its economic recovery

S&P 500 typically rallies from late spring into summerhas had a strong end of spring into early summer period over the past decade years, led up by health care stocks.

The broad index has gained an average of 5% between May 5 and Aug. 5 when averaging the three-month period over the last 10 years, according toHealth care stocks have typically led the index higher, gaining 7.2% on average in the time period over the last decade. The S&P 500's real estate and technology sectors have also historically outperformed when averaging the 10 three-month periods, with each advancing 5.8% in a typical period.

Energy is the only S&P 500 sector to have an average loss in this three-month trading period. When comparing returns from the last 10 years, the sector has ended down a modest 0.1% on average.

Source: Financial Digest (financialdigest.net)

 

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