US stocks surge📢📢📢
US stock markets closed the month up at blistering +6.47% beating out the already sensational performance in January, and bringing the YTD performance to +15.9%. Friday’s quarter-end mark saw an 87% up-day, with every single SPX sub-sector closing in the red, while interest rates also fell by around 3bp in the 10yr to register a double win-win for classic 60/40 portfolios across the globe. One couldn’t have asked for a much better report card to end the first-half on a winning note.
