Equity markets rebounded in November, with all three major U.S. indices up for the month. The S&P 500 gained 9.13 percent, while the Dow Jones Industrial Average was up 9.15 percent in November. The Nasdaq Composite led the way, with the technology-heavy index rising 10.83 percent. Falling interest rates supported higher valuations, leading to positive returns for stocks.

Equity markets continued to drop in October, with all three major U.S. indices down for the third consecutive month. The S&P 500 lost 2.10 percent during the month, while the Dow Jones Industrial Average was down 1.26 percent in October. The Nasdaq Composite saw the largest declines, with the technology-heavy index dropping 2.76 percent for the month. Rising long-term rates weighed on valuations, leading to negative returns for stocks.

Equity markets fell for the second consecutive month in September, causing all three major U.S. indices to end the month and quarter in the red. The S&P 500 lost 4.77 percent during the month, while the Dow Jones Industrial Average was down 3.42 percent. The Nasdaq Composite saw the largest declines, with the technology-heavy index dropping 5.77 percent. Rising long-term rates and concerns surrounding a potential government shutdown at month-end weighed on equities.

My colleague Sam Millette, director, fixed income on Commonwealth’s Investment Management and Research team, helped me put together this month’s Market Risk Update. Thanks for the assist, Sam! Let’s take a closer look.

My colleague Sam Millette, director, fixed income on Commonwealth’s Investment Management and Research team, helped me put together this month’s Market Risk Update. Thanks for the assist, Sam! Let’s take a closer look.

My colleague Sam Millette, director, fixed income on Commonwealth’s Investment Management and Research team, helped me put together this month’s Market Risk Update. Thanks for the assist, Sam! Let’s take a closer look.

My colleague Sam Millette, director, fixed income on Commonwealth’s Investment Management and Research team, helped me put together this month’s Market Risk Update. Thanks for the assist, Sam! Let’s take a closer look.

My colleague Sam Millette, director, fixed income on Commonwealth’s Investment Management and Research team, helped me put together this month’s Market Risk Update. Thanks for the assist, Sam! Let’s take a closer look.

My colleague Sam Millette, director, fixed income on Commonwealth’s Investment Management and Research team, helped me put together this month’s Market Risk Update. Thanks for the assist, Sam! Let’s take a closer look.

My colleague Sam Millette, director, fixed income on Commonwealth’s Investment Management and Research team, helped me put together this month’s Market Risk Update. Thanks for the assist, Sam! Let’s take a closer look.