Geopolitical Tensions Challenge Stocks In April – Domestic Equity Overview

Domestic equity indexes in April experienced the most volatility since September 2023, as the Dow Jones Industrial Average, the S&P 500, and the Nasdaq all saw pullbacks in April. Ten of the eleven sectors of the S&P 500 Index posted negative returns in April, with the utilities sector posting the only gain for the month. Emerging market indices posted some gains relative to developed economy indices, yet still struggled through the month.

Sources: S&P, Dow Jones, Nasdaq, Bloomberg

Print Version: Equity Overview May 2024

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