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Following a mid-month decline, U.S. equities rallied to end November in the black, as the S&P 500® ended up less than 1% on a total return basis.
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Sectoral performance was mixed. The Financial sector performed well across all capitalization ranges, while the Utilities sector struggled.
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Energy has experienced high dispersion and high correlation relative to other sectors. Unsurprisingly, Energy has been the most volatile sector in all three cap ranges. |
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