insights

U.S. equity indexes posted strong returns in 2024. The S&P 500 and the NASDAQ indexes led the way up 25% and 30%, respectively. Large technology stocks propelled these indexes due in part to substantial spending on artificial intelligence (AI). Developed international indexes have modest technology weightings and are populated with economically sensitive industries which generally […]

Equity indexes continue to perform well in 2024. The S&P 500 index has caught up with the technology-heavy NASDAQ composite index in the third quarter, and both are up 22% YTD. We are seeing more stocks participate in the market rally as investors are now embracing interest rate sensitive stocks as the market is pricing