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Q4 2013 - Market Commentary
Stock markets continued their impressive climb during the final quarter of 2013, with the large-cap Standard & Poor’s 500 Index rising 10.5% during the 4th quarter, up 32% for the entire year, recording its best annual performance since 1997.
Q3 2013 - Market Commentary
Stock markets showed strong gains during the 3rd quarter of 2013, as the large-cap Standard & Poor's 500 Index rose 5.2%, increasing its year-to-date return to 19.8%.
Q2 2013 - Market Commentary
U.S. stocks dropped during the month of June but still ended the quarter in positive territory with the benchmark Standard and Poor’s (S&P) 500 Index gaining 2.9% for the second quarter of 2013.
Q1 2013 - Market Commentary
The U.S. stock market climbed sharply during the first quarter of 2013. The Standard & Poor’s (S&P) 500 Index, a broad-based large-cap benchmark, increased 10.6% and the Russell 2000, a small-cap benchmark, gained a robust 12.6%.
Q4 2012 - Market Commentary
Stock markets had a good year in 2012. Although the broad market Standard & Poor’s 500 Index slid by 0.4% during the fourth quarter, it ended up 16.0% higher for the year, achieving a level first reached 13 years ago.