Investors consider heightened trade rhetoric in May
For the month of May, domestic equities fell as United States and China trade rhetoric heightened and investors weighed unexpected U.S. tariffs on Mexico.
Growth broadly outperformed value during the month. Health care and utilities led while energy and technology lagged the benchmark. International equities declined on weak Eurozone data and increasing tensions between Italy and the European Union. Emerging markets were dragged lower by China and Mexico.
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