July was a strong month for equity markets, as all three major equity indices rallied. The S&P 500 gained 3.21 percent, while the Dow Jones Industrial Average rose 3.44 percent. The Nasdaq Composite led the way with a 4.08 percent gain, supported by a rise in technology stocks.
Given the concerns about slowing growth and inflation, we have kept the overall market risk level at yellow for now.
View a breakdown of the risks we’re watching in this SlideShare.