US stocks rally 5.2% in May while commodities drop 7.5%, ending their winning streak.

In May, most markets continued their upward trend following a strong rebound in April after a significant selloff in March. US stocks led the gains, with the Vanguard Total US Stock Market ETF rising 5.2%, marking its best monthly performance in a year. Conversely, commodities experienced a sharp decline of 7.5%, their first monthly drop this year, although they remain the top-performing asset class for 2026 with a nearly 38% gain. This shift highlights changing investor sentiment and market dynamics as the year progresses.