By Park-Elm|
2022-11-01T18:22:24+00:00
November 1st, 2022|General, Markets|
- Shrugging off disappointing “Big Tech” earnings and still-elevated inflation, hopes for a slowing pace of U.S. rate hikes helped the S&P 500® to its best month since July, with a total return of 8%.
- Outside the tech titans, earnings figures have been relatively encouraging and smaller companies have been riding the positive sentiment to double-digit gains. The S&P MidCap 400® and S&P SmallCap 600® were up 11% and 12%, respectively.
- Every S&P 500 sector finished higher with Energy in the lead and every reported U.S. equity factor index also rose, led by Value and Momentum.
October Dashboard
