January 2024 Monthly Market Update

After an extraordinary last two months of 2023 for U.S. small cap stocks, leadership was handed back to their larger brethren. The S&P 500 returned a modest 1.7%, while the Russell 2000 Index dropped 3.9% in January. The larger, growthier areas of the U.S. market outperformed the smaller, value segments. Sound famil...