These are the top 5 most popular stocks traded on eToro in May - Business Insider

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These are the top 5 most popular stocks traded on eToro in May

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Markets rebounded in May from March lows as investors looked to economic reopenings following lockdowns to contain the spread of coronavirus.

Investors continued to pile into some of their favorite stocks, in sectors including technology, entertainment, and food. Here are the top five stocks traded on the social and investing platform eToro in May, the company told Business Insider. Markets continued to grind higher in May as investors looked more favorably on the US economic reopening from sweeping lockdowns to curb the spread of coronavirus.

All three major US indexes gained in May. The S&P 500 rose 4.5%, and the Dow Jones industrial average gained 4.3%. The tech-heavy Nasdaq posted the best performance of the group — it gained nearly 7% during the month, andThe Nasdaq's outperformance is because tech stocks have largely led the market rally from March lows.

 

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