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Weekly Market Update: December 2, 2024
12/02/24
Markets Cap Best Month of Year
The S&P 500 and Russell 2000 capped off their best month of the year in a holiday-shortened week. The S&P 500 gained 5.7% in November, the fourth highest return in November of an election year in the index’s near 100-year history. If the calendar year were to have ended last Friday, the S&P 500’s current year-to-date return would rank in the 91st percentile of all years dating back to 1927.
Investment and insurance products are not FDIC-insured, are not a deposit or other obligation of, or guaranteed by the bank or an affiliate of the bank, are not insured by any federal government agency and are subject to investment risks, including possible loss of the principal amount invested.
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This article contains general information only. Sunflower Bank, N.A. is not, by means of this article, rendering accounting, financial, investment, legal, tax, or other professional advice or services. It is not meant as a substitute for such professional advice or services. Before making any decisions related to these matters, you should consult a qualified professional advisor. Investment and insurance products are not FDIC-insured, are not a deposit or other obligation of, or guaranteed by the bank or an affiliate of the bank, are not insured by any federal government agency and are subject to investment risks, including possible loss of the principal amount invested.