Which sector of U.S. stocks is the most profitable in May? Lithium mining stocks sing all the way, Chile’s mining chemical industry rose more than 50%

The U.S. stock market gains list for May is out!

In May, the U.S. stock market experienced a “dramatic” month: at the beginning of the month, from Powell’s “Great Miracle Day” – Wall Street ushered in the most popular interest rate hike day in 44 years, to the next day Wall Street mourned – the Nasdaq fell nearly 5% %; In the middle of the month, corporate financial reports are “rolling thunder” – retailers’ performance has been thundering, Snap issued a profit warning, and “recession trading” has begun to prevail on Wall Street ; at the end of the month, the Federal Reserve “changed its tone” – or will be suspended in September Its tightening policy, the US stock market also rose sharply.

As of May 27, the Nasdaq had fallen by 1.65% in the month, while the Dow and S&P 500 both recorded small gains.

This month, lithium mining stocks have been singing all the way. The global lithium mining giant $Chile Mining Chemicals (SQM.US)$ has risen by more than 53%, and the world’s largest lithium producer $US Albemarle (ALB.US)$ has risen by more than 40%.

Migraine drug maker Biohaven Pharmaceutical (BHVN.US) surged more than 60% and was acquired by Pfizer for $148.50 per share.

United Medical (UTHR.US) , a company engaged in drug research and development for pulmonary arterial hypertension, rose more than 30% to a new high, with a market value of tens of billions of dollars. The company’s product for the treatment of pulmonary arterial hypertension, Tyvaso DPI, was approved by the US FDA.

Additionally, energy stocks remain strong, with $HF Sinclair Corp (DINO.US)$ , $Devon Energy (DVN.US)$ , $Chesapeake Energy (CHK.US)$ , $Occidental Petroleum (OXY.US) $ . $ is up about 30%.

On the other hand, the weaker stocks this month are as follows:

edit/somer

This article is reprinted from: https://news.futunn.com/post/15999725?src=3&report_type=market&report_id=206910&futusource=news_headline_list
This site is for inclusion only, and the copyright belongs to the original author.

Leave a Comment