This week’s edition of “Three on Thursday” looks at the S&P 500 Index over the first quarter of 2024. Widely regarded as a barometer for the overall stock market, the S&P 500 Index tracks the performance of 500 of the largest companies listed on U.S. stock exchanges. In the first quarter, the S&P 500 Index delivered a total return of 10.6%, its 11th best start to a year in history. The S&P 500 Index hit all-time highs 22 times over the period, with only a 1.7% maximum drawdown over the quarter.
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