3rd Quarter 2024 Market Commentary
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
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
The 16.9% year-to-date return of the S&P 500 was one of the strongest starts in market history and re-couped most of the losses from last
Equity markets shrugged off the turmoil in the banking sector, with the S&P 500 returning 4.2% for the month of March and 7.5% for the
Global equity markets ended with a modest fourth quarter rally that reduced the pain somewhat, but still resulted in the worst calendar year performance since
The quarter began with an 11% gain for the S&P 500, but the rally quickly faded, leaving stock and bond markets to plumb new lows
With a -20.0% return during the first half of the year, the S&P 500 officially met the somewhat arbitrary criteria for a bear market. An