Monthly Market Updates

Markets extended their gains in July, albeit at a more measured pace than in recent months, as major U.S. equity indices once again reached record highs. The S&P 500 advanced approximately 2.24% for the month, posting ten new all-time highs. The Nasdaq Composite...

Markets extended their impressive rebound in June, with major U.S. equity indices reaching new all-time highs as investors embraced a more constructive outlook on trade policy, resilient corporate earnings, and the prospect of future Federal Reserve rate cuts. The...

Markets staged an incredible recovery in May, with major indices posting their strongest monthly gains since late 2023 as investors gained clarity on the Trump administration's evolving tariff policies. The S&P 500 surged 6.29% for the month, the Nasdaq Composite...

Markets endured unprecedented volatility in April, driven by the Trump administration’s sweeping tariff policies and a subsequent partial reversal that sparked historic swings. The S&P 500 fell 0.76% for the month, the Dow Jones Industrial Average dropped 3.17%,...

Markets declined broadly in March and into the beginning of April as investors digested the potential economic implications of newly announced tariffs by the Trump administration. The S&P 500 dropped -5.63%, the Dow Jones Industrial Average fell -4.13%, and the...

Uncertainty among investors continued throughout February, primarily in response to continued economic doubts, difficulty in predicting the final tariff policies to be implemented, and the resurfacing of recession fears. Equity markets declined for the month across...

Advancements in the AI industry sent shockwaves through equity markets. However, despite the turbulence, markets recovered from their pull back in December as we saw broad positive performance across all major asset classes to close out January. Strong earnings from...

December saw broad negative performance across asset classes with the exception of commodities. Markets pulled back from their November rally as a result of uncertainties around the new incoming administration, rising treasury yields, and potentially some impacts from...

November saw broad positive performance across all asset classes. Markets responded favorably to election outcomes, with equity markets reaching new all-time highs and small cap companies seeing the most impressive returns. “Although widely debated, the actual impact...

October saw broad negative performance across most asset classes, with some resilience in select commodity sectors. Key drivers of market volatility included presidential election uncertainties, renewed inflationary concerns, and rising bond yields, which placed...