U.S. Performance Dashboard – September 2024

By | October 1st, 2024|General, Markets|

  • Thanks to optimism surrounding a soft landing, encouraging inflation results, and recent Fed rate cuts, U.S. markets experienced a broadening of the rally in Q3. The S&P 500® continued to hit record highs, finishing the quarter up 6%. Despite the recent pullback in the rotation toward small caps, the S&P SmallCap 600® outperformed its large- and mid-cap peers, up 10% in Q3.
  • With the exception of Energy, all sectors posted gains, with Utilities and Real Estate in the lead, up 19% and 17%, respectively.
  • All of our reported factor indices posted gains, led by Low Volatility High Dividend and our other dividend-based indices, consistent with the defensive sentiment observed among sectors.
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