3 S&P 500 Bank Stocks That Outperformed the Index in Q1
CCiti(C) Zacks Investment Research·2024-04-01 21:56

The first quarter of 2024 was the banner one for the S&P 500 Index. It rallied more than 10% during the period, thus marking the best first-quarter performance in five years.This also reflected that the momentum that started in November 2023 has continued this year as well. The primary drivers for the steady uptrend in the index are the clarity on the path of interest rates and robust economic growth, along with persistently cooling inflation numbers. Thus, almost all the sectors within the S&P 500 Index ra ...