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April 2015 Market Commentary
U.S. and overseas markets were mixed throughout April as competing economic data throughout the world’s developed economies gave many investors pause. Global macro headlines continued to dominate the investment landscape causing an increase in volatility.
For the month, the S&P 500 Index gained 1.0%, while the Russell 2000 Index of smaller companies finished 2.6% lower. Materials, energy, information technology, and telecommunications were among the top performing sectors, while the utilities, healthcare, and consumer related sectors lagged. Across market capitalizations, large-cap stocks outperformed their mid- and small-cap counterparts. Value stocks outperformed their growth equivalents across large- and small-cap equities.