Second Quarter 2017
Market Review
If the second quarter of this year followed the sharp increase in large cap values that we saw in the first quarter, that would have been unusual. However, the second quarter did rather well, with large U.S. stocks continuing to gain along with mid-cap and small-cap stocks. The quarter began with the S&P 500 at 2362.72 and ending at 2423.41, resulting in an increase of 60.69 points or 2.57%. Mid-cap stocks were up 1.6% and small-cap stocks were up 1.4%.