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Aug 06 2024

Extreme Outcomes Beginning To Moderate

  • Aug 6, 2024

Domestic equities lost a little over 3% in the second quarter. Seven styles posted declines in that range, only to be countered by the continued outperformance of mega-cap growth stocks, which gained almost 10% for the quarter. This odd mix of returns left the S&P 500 up 4.3%, although that was clearly not the central tendency of equities in 2Q24

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About The Author

Scott Opsal / Director of Research & Equities