May 2024 Monthly Market Review

Stocks and bonds rebounded in May after suffering declines in April. Corporate earnings growth was better than expected, which helped U.S. equities set new all-time highs. U.S. equities gained 5%, followed by international developed equities at 4%. Emerging market equities saw weaker returns, with a gain of 0.6% due to tensions in the Middle East and weaker demand for oil. (Read More/View PDF)