Market Review
What a year…again! The benchmark S&P 500 index closed the 4th quarter up 2.1%, following on a 5.5% gain the prior three months and leaving the benchmark with a second-consecutive year of 20+% gains for only the sixth time since 1950. The index hit 57 new all-time closing highs in 2024, a mark only…
Market Review
The benchmark S&P 500 index closed the 3rd quarter up 5.5%, following on a 3.9% gain the prior three months and leaving the benchmark tantalizingly close to a second-consecutive year of 20+% gains. The index has hit over 40 new all-time closing highs this year after passing the previous record from January, 2022,…
Market Review
The benchmark S&P 500 index closed the 2nd quarter up 3.9%, following on the 10.1% gain through March and leaving the broader stock market on course for a welcome second-consecutive year of outsized gains. The index has hit over 30 new all-time closing highs this year after passing the previous record from January,…
Market Review
The benchmark S&P 500 index closed the 1st quarter up 10.1% continuing its march upward after last October’s market low. While the 26%+ gain since October is noteworthy, the index is only up around 9% from the high in January, 2022. Corporate earnings beat analyst estimates by over 7% during the 4th quarter,…