The Thanksgiving holiday celebrates all the blessings in our lives and includes a bountiful harvest on many dining room tables. It’s a wonderful day.
For equity holders of all stripes, it has been a year of bountiful returns. You could hardly go wrong. Even the worst performing size, style or sector index was still rewarded with excellent returns. Large cap stocks, as measured by the S&P 500 Index, have done the best, up 28% year to date (“YTD”), but mid cap (S&P MidCap 400 Index) and small cap (S&P SmallCap 600 Index) stocks have delivered 23% and 18%, respectively, over the last 11 months. The S&P 500 Growth Index is up 35% but the S&P 500 Value Index is still up 20%. At the sector level, every sector is positive for the year with financials leading the way, up 38% and health care at the bottom, still positive 9%. Seven sectors are up 20% or more.
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Posted on Monday, December 2, 2024 @ 1:45 PM
Posts are prepared by First Trust Advisors L. P., and reflect the current opinion of the authors. They are based upon sources and data believed to be accurate and reliable. Opinions and forward looking statements expressed are subject to change without notice. This information does not constitute a solicitation or an offer to buy or sell any security.