Q3 Review: Top Stock Market Trends
End of the Third Quarter 2024
Another quarter is in the books for U.S. equity markets and little has changed. Though investors encountered some turbulence, bulls registered yet another victory as the S&P 500 Index ETF (SPY) rose for its fourth straight month.
Despite increasing global tensions in the Middle East and Europe, a massive jobs revision, and concerns over the “Yen Carry Trade,” the S&P 500 climbed the wall of worry to finish nearly 5% for the quarter. As is often the case, liquidity and the Federal Reserve…
