facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog search brokercheck brokercheck Play Pause
THIRD QUARTER 2020 REVIEW Thumbnail

THIRD QUARTER 2020 REVIEW

The S&P 500 index finished the third quarter up a solid +8.5%, even with a choppy September. Together with Q2, the S&P 500 has risen by almost +30% in six months, delivering its best two-quarter performance since 2009. Meanwhile, tech shares continue to be the darlings of the recovery—the Technology sector was up +12.0% in Q3 and is leading all sectors for the year with a +28.7% return. With technology making up over 20% of the S&P 500, and with a handful of tech stocks leading the charge higher, it is increasingly important for active managers to identify and overweight market leaders.