November marked the third consecutive month of positive returns for U.S. stocks. The S&P 500 Index, a measure of domestic large-cap stocks, gained 3.05%, while the Russell 2000 Index, which tracks U.S. small-cap stocks, returned 4.01% (Source: Morningstar, Inc).
Overseas, equity market returns were less robust. The MSCI World ex U.S. Index edged up 0.61%, while the MSCI Emerging Markets Index fell 1.46%. Fixed income lost ground as the Barclays U.S. Aggregate Bond Index, a measure of the domestic investment-grade bond universe, slipped 0.37%, and the Barclays U.S. Corporate High-Yield Index, which tracks the non-investment grade bond market, managed a 0.51% gain (Source: Morningstar, Inc).
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