Stocks started the year with a modest pullback, then rebounded in the second half of the month before retreating on the last trading day following the Fed’s interest rates decision. The S&P 500 and the Dow advanced 1.7% and 1.3%, respectively, while the technology-heavy Nasdaq underperformed by returning 1.0% for the month.
Economic Resilience, Mixed China Outlook, and Q4 Earnings
Stocks started the year with a modest pullback, then rebounded in the second half of the month before retreating on the last trading day following the Fed’s interest rates decision. The S&P 500 and the Dow advanced 1.7% and 1.3%, respectively, while the technology-heavy Nasdaq underperformed by returning 1.0% for the month.