Stocks Surge in Third Quarter

Stocks wrapped up a strong third quarter with the S&P 500 gaining 8%. Markets did not go up in a straight line however. In September volatility picked up with stocks dropping 10% before recovering late in September. Don’t be surprised if October brings similar market swings. We are seeing this today after the announcement that President Trump has tested positive for coronavirus and the September jobs report came in weaker than expected.

For more on third quarter investment returns and a look at recent economic data click below.