Analysis: Sell in May and go away? Think again

View in Browser May 2, 2024 Dow 38,225.66 0.85% S&P 500 5,064.20 0.91% NASDAQ 15,840.96 1.51% Last updated May 2 at 5:15 PM ET     Analysis: Sell in May and go away? Think again The Wall Street adage suggests investors should dump stocks this month and return to the market in November. But gutting your portfolio before the summer may not be a recipe for success.    Read full article   Maryland is about to get $350 million from insurance in bridge collapse The state of Maryland is about to get an insurance payment of $350 million related to the collapse of the Francis Scott Key Bridge in late March, according to the broker handling its policy on the structure.    Read full article   Peloton cuts jobs and is looking for a new CEO after its turnaround plan spins out Peloton CEO Barry McCarthy is leaving his role and announced that it's cutting about 15% of its workforce as financial problems persist at the connected fitness company following a pandemic boon.    Read full article   It's not just Taylor Swift. The world's biggest artists are back on TikTok Ariana Grande, Adele, Rihanna and Coldplay will soon join Taylor Swift back on TikTok following a deal with Universal Music Group, ending a feud that saw one of the world's biggest record labels pull its music from the social media platform.    Read full article   Apple plans historic $110 billion share buyback amid challenging earnings report Apple on Thursday posted first-quarter revenue of $90.8 billion, down 4% year over year, as the iPhone maker continues to struggle with growth challenges, particularly in China, amid an uncertain economic environment.    Read full article   What to expect in Friday's jobs report The US job market has been on a roll for the past three years. Some economists even say "it's as good as it's ever been."    Read full article   Today's movers ASPN 23.85 56.70% Aspen Aerogels Inc ENVX 9.47 45.47% Enovix Corporation CVNA 116.50 33.77% Carvana Co. Class A VSTS 10.16 44.99% Vestis Corporation NUVO 4.71 41.92% Holdco Nuvo Group D.G Ltd. XPEL 32.86 38.91% XPEL, Inc. Last updated May 2 at 4:15 PM ET Have feedback? We'd love to hear from you. Send your questions and feedback to marketsnow@cnn.com   You are receiving this newsletter because you signed up for Markets Now. To stop receiving this newsletter, unsubscribe or sign up to manage your CNN account   Learn more about the CNN app |  Get CNN web alerts  |  Sign up for a free CNN account   ® © 2024 Cable News Network. A Warner Bros. Discovery Company. All Rights Reserved. 1050 Techwood Drive NW, Atlanta, GA 30318