Recent Commentary
Recent Commentary
The stock market[1] reached a record high in the fourth quarter before falling back in December. The S&P 500® rose by +2.41% for the quarter, bringing its full year gain through December 31 to +25.02%. The gains in Q4 were concentrated in Large Cap Growth stocks. The equally weighted S&P 500® and the Russell 1000® Value Index were both down in Q4 [2].
[1] All references to the stock market are the S&P 500® unless otherwise noted.
[2] In Q4, 2024, the S&P 500® Equal Weight Index was down -1.85%. The Russell 1000® Value Index was down -1.98%.
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