News

The Stock Market Experienced a Big Rotation in July

Monthly Market Summary The S&P 500 Index returned +1.2% in July, underperforming the Russell 2000 Index’s +10.3% return. Ten of the eleven S&P 500 sectors traded higher, led by Real Estate, Utilities, and Financials. Technology was the only sector to trade lower, reversing a portion of its rise in the…

08/01/24 | Chart of the Month

Long-Term Perspective: Market Volatility is the Price of Admission for Investing

The S&P 500, a testament to the resilience of the market, gained over +15% in the first six months, marking its 16th highest first-half return since 1931. The equity market’s rise continued into early July, and the index set a new all-time closing high on July 16th. However, the stock…