Wednesday, June 7, 2017 » May 2017 Monthly Market Commentary Market Commentary, Commentary U.S. Economy and Markets Domestic equity markets were positive in May, as the Wilshire 5000 Total Market IndexSM returned 1.00% and the S&P 500 Index returned 1.41%. Market volatility, measured by the CBOE Volatility Index (VIX), ended the month at 10.41, a decrease from its April close of 10.82. GICS sector performance was mixed in May, with the Information Technology and Utilities sectors leading the group, returning 4.31% and 3.97%, respectively. On the other hand, the Energy sector was the worst performing sector in May, falling -3.67%. Growth stocks delivered stronger performance than their value-oriented counterparts this month, as the Wilshire U.S. Large Cap Growth IndexSM and the Wilshire U.S. Small Cap Growth IndexSM posted returns of 1.95% and -1.37%, respectively. The Wilshire U.S. Large Cap Value IndexSM and the Wilshire U.S. Small Cap Value IndexSM returned 0.73% and -2.94%, respectively. Total nonfarm payroll unemployment increased by 138,000 in May. The unemployment rate was little changed at 4.3%.