Market

Market Detail

S&P 500 Registers its Biggest Monthly Gain Since July 2022​

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Attached is the Maridea Monthly Market Update for December 2023. This report offers a snapshot of key trends shaping the current economic and market landscape. Here are the takeaways for this month:

 

  • The S&P 500 Index gained +9.1% in November, slightly underperforming the Russell 2000
    Index’s +9.2% return. Ten of the eleven S&P 500 sectors traded higher, with only Energy trading
    lower as the price of oil declined -6.2%

 

  • Corporate investment-grade bonds produced a +7.5% total return as yields declined,
    outperforming corporate high-yield bonds’ +4.9% total return.

 

  • International stocks underperformed U.S. stocks for a second consecutive month. The MSCI
    EAFE Index of developed market stocks gained +8.2% and outperformed the MSCI Emerging
    Market Index’s +7.8% return.

 

Your success is our priority, and staying informed is crucial. Feel free to reach out with any questions or to discuss how these marketing insights may impact your financial goal.

 

Best regards,

Maridea

 

Maridea Wealth Management

Phone: (347) 289-5227 | Email: [email protected]

www.marideawealth.com