Market Update— Month Ending May 31, 2024
Presented by SRP Quick Hits Markets Rebound in MayStocks rallied after declining in April. Falling Yields Support Bond PricesFalling interest rates caused bond price to rise. Labor Market Cools in AprilThe April jobs report showed encouraging signs of softening labor...Market Update: June 2024
Commonwealth CIO Brad McMillan recaps May’s market and economic news. Most stock indices were up from 3 percent to 6 percent in May, and the S&P 500 and Nasdaq reached new all-time highs. The April employment report and declines in consumer and business confidence...
Quarterly Market Update – Q1 2024
Quick Hits Strong Start to the Year for Stocks (A positive March for stocks caps off a solid first quarter.) Mixed Quarter for Bonds (Bond returns were mixed due to rising rates in the quarter.) Healthy Economic Growth (First-quarter economic reports show signs of...
Market Update: February 2024
Presented by SRP Quick Hits Stocks Rally in February Challenging Month for Bonds Economy Continues to Expand Markets Updating Expectations for the Fed Real Risks Remain Solid Backdrop for Growth Stocks Rally in February February was a good month for...February 2024 Market Thoughts
Brad McMillan, Commonwealth’s CIO, recaps February’s market and economic news. Stocks performed well in February, with most markets up in the low- to mid-single digits. The Nasdaq and emerging markets did especially well, but fixed income declined as interest rates...Ready to Get Acquainted?
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