Market Recap Global stock markets displayed a wide dispersion of performance across regions and styles over the first quarter of the year. After making a new all-time high in mid-February, U.S. stocks (S&P 500 Index) suffered their first 10% correction since 2023 before recovering to end the quarter down 5%. [...]
Market Recap The U.S. economy and the stock market proved much stronger than many had anticipated in 2024. The S&P 500 Index marched higher throughout the year, finishing up 25%, while notching 57 new all-time highs, the sixth most since 1928, and finishing with consecutive annual gains of over 20% [...]
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Market Recap It was far from a quiet summer for the financial markets, which have been volatile as investors parsed through economic data attempting to gauge whether the economy will slow, and how much the Federal Reserve would need to lower interest rates to prevent a recession. Toward the end [...]
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Market Recap In the second quarter of 2024, the U.S. economy remained resilient in an environment where inflation and interest rates remained higher than expectations. Tighter monetary policy was offset by accommodative fiscal policy, and a still strong US consumer. The S&P 500 Index gained nearly 4.5% in the quarter, [...]
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