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August 2020 Monthly Market Update

August 5, 2020 in Market Updates

Global equities continue to march upward and dig out of the hole created in March. After falling more than 30% from the start of the year through March 23, the S&P 500 Index has rallied more than 47%. The 5.6% gain in July puts the S&P 500 back in the black for the year (up 2.3%). Smaller-cap U.S. stocks returned 2....