Market Commentary - May 2024

Written By Garth Porterfield

  • April Showers Brought May Flowers as stocks rallied after a difficult start to the second quarter.

  • The Nasdaq rose nearly 7%, while the S&P and DJIA increased 4.96% and 2.58%, respectively.

  • Inflation data provided further confirmation that the Fed may hold steady for longer.

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Garth Porterfield
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Market Commentary - April 2024