Market Update: November 2024
U.S. stocks delivered their best monthly returns of the year in November. Large domestic companies, as measured by the S&P 500 Index, gained 5.9% for the month, while smaller domestic companies, with total returns of 11%, were the big winners. U.S. stocks have now registered returns of just over 27% year-to-date.
Market Update: October 2024
Global stock markets saw declines of just over 2% in October, with domestic and foreign equities off by approximately 1% and 5%, respectively. Bond values also declined, as the yield on the benchmark 10-year U.S. Treasury note ended October at 4.282% … a sizable uptick from the 3.798% yield at the start of the month.