Quarterly Investment Update - 3rd Quarter 2021

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Stock Market Commentary -

Despite late-quarter volatility, U.S. stocks eked out a gain with the S&P 500 returning 0.6% for the third quarter. The index, which consists of the 500 largest U.S. companies, is up 15.9% year-to-date. Stocks abroad fared worse, with developed international and emerging market stocks declining 0.3% and 8.1% for the quarter, respectively.

Despite late-quarter volatility, U.S. stocks eked out a gain with the S&P 500 returning 0.6% for the third quarter. The index, which consists of the 500 largest U.S. companies, is up 15.9% year-to-date. Stocks abroad fared worse, with developed international and emerging market stocks declining 0.3% and 8.1% for the quarter, respectively.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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