Thanks to L. K. Benson for sharing this blog about the 2023 Q2 Market.
The second quarter of 2023 continued the strong stock market performance that began in the fourth quarter of 2022. After a 20% decline from January-September of 2022, the S&P 500 has now posted positive quarterly returns of 7.6%, 7.5%, and 8.7% over the past three quarters. The tech-heavy NASDAQ 100 index bounced back from a 32% decline in 2022 to post the strongest first half on record, with a 39% return in the first six months of 2023.
Small-cap US stocks and developed market international stocks lagged US large-caps but still posted returns of 5% and 3%, respectively. Real Estate and Emerging Market stocks were up about 1% in the quarter...
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