Market Commentary

Equity markets made a strong recovery following the tariff-induced selloff in early April 1. At its lowest point on April 8, the S&P 500’s year-to-date

President Trump’s April 2 tariff announcement surpassed Wall Street’s worst expectations and roiled financial markets, sending the S&P 500 down 10.5% during a two-day decline

The 25% return of the S&P 500 in 2024 marked a second consecutive year of over 20% returns. Gains continued to be concentrated in a

After the NVIDIA-driven first half of the year, equity markets broadened during the third quarter. Small cap stocks, emerging and developed non-US markets posted double-digit

Four growth stocks – NVIDIA, Apple, Microsoft and Alphabet – contributed over 100% of the S&P 500’s 4.3% return during the second quarter. The average

Tech Giants Lead Q1 Equity Market Surge Equity markets continued to rally through the first quarter. The ‘Magnificent Seven’ (Microsoft, Apple, Alphabet, Amazon.com, Meta, Tesla,

Stock and bond markets rallied in the fourth quarter as moderating inflation led the Federal Reserve to signal an end to rate hikes. The so-called

The S&P 500 posted a small decline in the third quarter, reducing the year-to-date return of the index to 13.1%. Large cap growth and value