U.S. stocks surged during the summer months. The stock market’s strength stood in contrast to the U.S. economy, which saw a drop in growth and slowing employment gains as COVID-19 continued. September brought headwinds and broad declines for nearly all market indexes and sectors. Overall, stocks ended Q3 on the…
U.S. stocks rebounded from the swift market downturn in the early days of the COVID-19 pandemic. The bounce from the market bottom happened almost as fast as the drop in March, and renewed investors’ confidence about the resiliency of the U.S. economy. Employment and GDP reports early in the quarter…
Some uncertainty returned to U.S. equity markets in Q1 as concerns grew about a spike in inflation and the potential for more interest rate hikes from the Federal Reserve. Stocks had some challenging days in February and March, and the S&P 500 Index saw its first quarterly loss in…