Stock markets, through a slow start to the third quarter, were mostly up to end the quarter 9/30/2024.

The S&P 500 returned 5.9% during the third quarter, bringing its year-to-date (YTD) return to 22.1%. Bolstered by a weaker U.S. dollar, developed international (+7.4%) and emerging markets (EM, +8.8%) equities both outpaced third quarter gains in the U.S. based on MSCI indexes. In developed markets, Australia, Germany, and Spain were strong, offsetting weakness in Denmark and the Netherlands. EM gains were all about China (+23.4%), which offset weakness in tech-oriented Korea and Taiwan.

See our included chart for the rest of the YTD performances and previous years performances going back 15 years. We are reaching out to our clients to review their investment returns.

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