By Park-Elm|
2023-03-01T15:38:26+00:00
March 1st, 2023|General, Markets|
- Market jitters returned in February, characterized by concerns over inflation and its impact on rates. In a reversal of January’s rosy performance, the S&P 500® finished down 2%. Smaller caps performed slightly better, with the S&P SmallCap 600® down 1%..
- Fears of rising rates spread overseas, with the S&P Developed Ex-U.S. BMI and the S&P Emerging BMI underperforming the U.S. and finishing with losses of 3% and 6%, respectively.
- Information Technology was the only S&P 500 sector to post a gain, with Energy in the rear. All reported U.S. equity factors posted losses
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