The U.S. stock market is no stranger to rallying in the month of July. Going back over the past 25 years of market history, we have seen 13 instances, or more than half of the time, where the U.S. stock market as measured by the S&P 500 Index pushing higher in one way or another either through the months of June and July or starting sometime in the month of June into July. But like so many summer loves, the euphoria of stock market gains have almost always been followed by the ache of stocks parting ways back to the downside.
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