Chronicle of February 2024
Signature Strategy Update
U.S. Market Recap
S&P 500 went up by 5.34% in February, including dividends. Since the beginning of this year, U.S. stock market has produced a total return of 7.11%. Among Magnificent 7 stocks, Tesla TSLA 0.00%↑ performed the worst, followed by Apple AAPL 0.00%↑ and Alphabet GOOGL 0.00%↑. Meanwhile, NVIDIA NVDA 0.00%↑ and Meta Platforms META 0.00%↑ were among S&P 500 components best performers. It is interesting to see that not all of those biggest U.S. stocks were as solid as in 2023.
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