April 2021

March 2021 - Market Flash

Roughly a year after hitting its COVID-driven bottom on March 23, 2020, the S&P 500 finished 2021’s first quarter near its highest level on record, gaining 6.17% in Q1 and 56.35% over the trailing 12 months. The quarter was not free from volatility, however, as concerns over future inflation and higher interest rates weighed on performance of growth stocks, which eked out a gain of just 0.94%.