April 2017Our 2nd Quarter Newsletter is now available.
Download Second Quarter 2017 Newsletter
The S&P 500 was up 6.1% in the first quarter, led by the technology, health care and consumer discretionary sectors. Energy and Telecom were the laggards. In the broader domestic equity markets, growth stocks generally outperformed value stocks and large company stocks generally outperformed small company stocks. Global equity markets performed well during the quarter. The EAFE index for developed markets outside of the U.S. gained 7.4% and the emerging markets index was up 11.5%.