The second quarter of 2017 picked up right where the first quarter left off and continued a strong trend. Home sales jumped to near-boom-era levels while prices hit a record level. Global stocks posted the strongest first half in years and unemployment dropped to a 16-year low.
All major markets experienced positive returns. Notable headlines include the Nasdaq reaching new heights and US job openings hitting a new high.
Let Us Catch You Up
If you don’t have a lot of time, just check out pages 3 and 4. You’ll see the overall performance of stocks and bonds this quarter on page 3, and page 4 gives you an overview of major news events over the past 3 months.
An outline is included below, but be sure to download a full copy of the quarterly market review summary.
Notable Q2 Headlines
- “Nasdaq Soars to New Heights as Global Stocks Rally”
- “Unemployment Rate Falls to 16-year Low, but Hiring Slows”
- “Eurozone Confidence Hots Post-crisis High”
- “New-Home Sales Rise in May as Prices Hit Record Level”
Q2 Index Returns
- US Market +3.02%
- Developed +5.63%
- Emerging +6.27%
- Real Estate +1.67%
- US Bond +1.45%
- Global Bond +0.60%