The Markets March Higher
Submitted by Group W - Investment Management on October 7th, 2024In the third quarter, investor optimism grew, inspired by improving inflation results and a Federal Reserve rate cut. U.S. stock markets experienced a broadening of the rally that commenced in October of 2022. The S&P 500 Index continued to hit record highs finishing the quarter up six percent.
The high-flying information technology surrendered its leadership role to the usually staid Utility and Real Estate sectors which gained 19% and 17% respectively during Q3.
1 October 2024 
