2021 First Quarter Stock Market Commentary
Equity markets advanced in March for a second consecutive monthly gain, capping a strong first quarter of 2021. The S&P 500, a benchmark for large cap US stocks, gained +4.4% on the month for a +6.2% return in Q1. In the trailing twelve-month period since stocks bottomed around the height of the Coronavirus panic, the S&P is up over 56%.