U.S. Performance Dashboard – September 2023

By | October 5th, 2023|Markets|

  • As 10-year Treasury yields rose to a 15-year high, the U.S. market rally fizzled, with the S&P 500® down 3% in Q3.
  • Pessimism amid renewed inflation concerns coupled with worries about the Fed’s hawkish guidance saw the more domestically oriented S&P SmallCap 600® underperform, down 5%.
  • Energy maintained its spot at the top of the leaderboard and was the sole sector to post a double-digit gain, propelled by rising oil prices.