Market Update February 2024
Submitted by Corrigan Financial, Inc on March 4th, 2024Global stocks returned 4.3% in February and are now up 4.9% over the first two months of 2024. Year-to-date, domestic and foreign equities have delivered returns of 6.6% and 1.5%, respectively. All three major U.S. stock indexes are now on a four-month winning streak. The technology-heavy Nasdaq Composite Index closed at a record high on the last day of the month. It was the first record high for the Nasdaq since November 2021 … a streak that lasted 569 trading days.
