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.

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Market Update August 2024

August delivered quite the roller-coaster ride for investors. At the start of the month, financial markets were hit hard by declining manufacturing activity and disappointing jobs data.

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Market Update July 2024

Global stock markets had solid returns in July, with domestic and foreign equities advancing 1.9% and 2.3%, respectively. With traders anticipating lower interest rates, there was a dramatic rotation toward value and small-cap stocks.

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Market Update June 2024

Global stocks returned just over 2% in June, while recording gains in excess of 11% through the first half of 2024. U.S. stocks led the way, as the artificial intelligence frenzy propelled the S&P 500 to record highs and gains of just over 15% year-to-date.

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Market Update: May 2024

Global stock markets advanced 4% during May, with domestic and foreign equities gaining approximately 5% and 3%, respectively. Global stock values have now increased 8.9% year-to-date.

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Market Update: April 2024

Domestic stock markets took a step back in April, with all three major U.S. indexes snapping five-month winning streaks. Overall, U.S. stocks were down about 4% for the month, but they remain up by just over 5% yearto-date.

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Market Update: March 2024

Global stock markets delivered solid returns in March, closing out a very strong first quarter for investors. The S&P 500 index of domestic “blue chip” stocks gained 10% for the quarter and recorded 22 all-time closing highs along the way.

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Market Update: February 2024

Global stocks returned 4.3% in February and are now up 4.9% over the first two months of 2024. Year-to-date, domestic and foreign equities have delivered returns of 6.6% and 1.5%, respectively.

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