Three on Thursday - Looking at the S&P 500 Index Q1 Performance

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This week’s edition of “Three on Thursday” looks at the S&P 500 Index over the first quarter of 2024. Widely regarded as a barometer for the overall stock market, the S&P 500 Index tracks the performance of 500 of the largest companies listed on U.S. stock exchanges. In the first quarter, the S&P 500 Index delivered a total return of 10.6%, its 11th best start to a year in history. The S&P 500 Index hit all-time highs 22 times over the period, with only a 1.7% maximum drawdown over the quarter.

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Posted on Thursday, April 4, 2024 @ 3:51 PM

These posts were 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.