Quarter 1 2024 Market Review

Global equities kicked off 2024 with a bang. Within global equities, US stocks led the pack with 10.6% returns, its best quarter since 2019, and notched 22 new record highs along the way. Unlike 2023, the market rally broadened in 2024. In 2023, a narrow group of technology stocks, primarily tied to artificial intelligence, called the Magnificent 71, contributed nearly 60% of S&P 500 annual gains of 26.3%. (Read More/View PDF)