The Big Picture: The January Effect in full effect
Author: The editor's desk
February 4, 2019
Source: Morningstar Direct as at December 31, 2018
The S&P 500 Index gained 7.9% in January, its best monthly return to start a year since 1987. This represents a huge turnaround in the key U.S. benchmark’s recent fortunes, but also leaves it well- positioned to finish 2019 in positive territory.
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