Stock markets worldwide were up in the third quarter 2024

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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The S&P 500 is a stock market index tracking the stock performance of 500 of the largest companies listed on stock exchanges in the United States. Indexes are unmanaged and cannot be invested in directly.

The Standard & Poor’s 500 Index (S&P500) is a capitalization-weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries.
The Bloomberg U.S. Aggregate Index represents the U.S. investment-grade fixed-rate bond market. This index is unmanaged, and its results include reinvested dividends and/or distributions but do not reflect the effect of sales charges, commissions, account fees, expenses or U.S. federal income taxes.

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Market Index captures broad US equity coverage. The index includes 3,204 constituents across large, mid, small and micro capitalizations, about 99% of the US equity universe. Indexes are unmanaged and cannot be invested in directly.
International investing involves special risks such as currency fluctuation and political instability and may not be suitable for all investors. These risks are often heightened for investments in emerging markets.

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