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24 December
Stocks Deliver Best Month of the Year
Quick Take: Post-election optimism led stocks to hit record highs to close November, while Treasury bond yields ultimately settled lower (prices up) after some volatility. [1],[2] Stocks surged in November, posting their largest monthly gains of the year, as the removal of election uncertainty set off a powerful market rally.[3] The euphoria sent the S&P […]
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27 November
Giving Back Minor Gains
Quick Take: Stocks erased early gains in October to finish lower on the month amid tech weakness.[1] Bond yields surged (prices went lower) following strong economic data. [2] Stocks lost ground in October, with the S&P 500 declining 1% to snap a five-month winning streak in equities.[3] October was shaping up to be another […]
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30 October
Rate Cuts Kick Off Continued Record Highs
Quick Take: As the Fed delivered a surprising 50bps rate cut, stocks reached new heights again while bonds rallied.[1] Expectations headed into September for market returns were somewhat low, in part because of historical seasonal underperformance.[2] Just a week before the September meeting, investors overwhelmingly expected the Federal Reserve (the Fed) to cut rates […]
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