Legacy Advisor Network

Despite a challenging start to Q4 due to rising bond yields and monetary policy concerns, optimism surged with new inflation data and Fed Chair Jerome Powell's encouraging remarks, leading to a market rally.

Quarterly Market Insights | Q4 2023 Quarterly Market Insights | Q4 2023 U.S. Markets Stocks moved higher in the final three months of the year as bond yields trended lower in growing anticipation of a potential Fed easing. For the three months ending on December 31, the Dow Jones Industrial Average gained 12.5 percent while the Standa...

Market Update! April saw a tech stock rally despite recession fears and mixed earnings reports. Dow Industrials led with a 2.5% gain, while S&P 500 gained nearly 1.5%, and Nasdaq was flat. In May, the focus is on the Fed's next move, economic data, and bank lending activity. Stay up-to-date with our monthly market report.

Monthly Market Insights | May 2023 Monthly Market Insights | May 2023 U.S. Markets The Dow Jones Industrial Average led, picking up 2.48 percent. The Standard & Poor’s 500 Index rose 1.46 percent, while the Nasdaq Composite was flat (+0.04 percent).1 Rest at the end, not in the middle. Kobe Bryant, 18-time NBA All-Star, winner of f...