Vestor Capital Quarterly Commentary
July 5, 2018
World equity indexes are mixed through the first half of 2018, with the U.S. outperforming International. The technology heavy NASDAQ Composite was the best performing, up 9.4%, due to the strong performance of several large technology companies. U.S. small-cap stocks have performed well because international sales comprise a smaller mix of their overall sales thus somewhat insulating them from a possible trade war. The concentrated Dow Jones Industrial Average was down slightly, as a few weak performing consumer staples and industrials stocks held back the index.
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