Equity indexes are off to a strong start in 2024. U.S. large-cap indexes are particularly strong due in part to a handful of technology stocks that boast strong business fundamentals which investors are recognizing. While U.S. and international small-cap stocks are only up 2%, this is a respectable start to the year. Developed large-cap international stocks have posted strong gains of almost 6%, while the emerging market index is up only 2% due to a drag from Chinese stocks which comprise a large portion of the index.

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