- US stocks continued their strong performance in the third quarter, with the S&P 500 logging a 5.9% return, pushing the year-to-date return to a very strong 22.1%.
- International stocks posted a bounce back from a negative second quarter with a 7.9% third quarter return, bringing the year-to-date return to 11.5%.
- Emerging Markets finished the third quarter on a positive note as China’s stock prices benefited from stimulus talk. The quarter’s 8.8% return brought 2024’s return to 17%.
- Fixed income returns were concentrated in the third quarter this year. The quarterly return of 5.2% reversed the negative performance through June, bringing the year-to-date return to a positive 4.4%, as interest rates declined partially due to easing inflation.
To access the Quarterly Market Review for Q3 of 2024, please click on the image below: