2024 Q2 Market Review

This review features world capital market performance and a timeline of events for the past quarter. 

Download the full PDF report at the end of this post for complete commentary.

US Stocks

The US equity market posted positive returns for the quarter and outperformed non-US developed markets, but underperformed emerging markets.

Value underperformed growth.

Small caps underperformed large caps.

REIT indices underperformed equity market indices.

International Developed Stocks

Developed markets outside of the US posted negative returns for the quarter and underperformed both US and emerging markets.

Value outperformed growth.

Small caps underperformed large caps.

Emerging Markets Stocks

Emerging markets posted positive returns for the quarter and outperformed both US and non-US developed markets.

Value outperformed growth.

Small caps outperformed large caps.

Real Estate Investment Trusts (REITs)

US real estate investment trusts outperformed non-US REITs during the quarter.

 

Market Summary

 

World Stock Market Performance

 

These headlines are not offered to explain market returns. Instead, they serve as a reminder that investors should view daily events from a long-term perspective and avoid making investment decisions based solely on the news.

Download the PDF version for a complete review featuring additional performance data for individual asset classes and further commentary.

View Report