Monthly Market Update
Submitted by TLWM Financial on March 1st, 2024
February was another great month for stocks, as markets once again hit new all-time highs. The S&P 500 finished February up about 5.2%, bringing the year to date returns for the index to almost 7% - a very strong start to the year. (YCharts)
Last month we pointed out a couple areas we’d be watching closely and sure enough these were big news makers for markets in February as we got some surprises from economic data, while strong corporate earnings helped drive positive returns.
Today, we’re going to give a quick update on three important (and connected) areas that have evolved over the course of the month: