What’s Hot? What’s Not: US Tech Reigns Supreme, Global Ex-US Equities Still Dull? [Sector Edition]

Thu 28 Nov 2024

By Ruairi Dennehy

Access Level | public

What's Hot What's Not

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US combined with tech is the winner, and the rest of the world was rather dull (a bit like October!)

What’s Hot

  • The US stock market continues to hit new heights…
  • But this month it was outshone by it’s small cap counterpart (North American Smaller Companies up 13%)
  • This dragged the Technology & Global sectors alongside them, given their overweight to US tech
  • While Japan went about their business quietly, regaining October’s lost ground

 

What’s Not

  • Europe continues its weak second half of the year, down 2.27%
  • With it’s small cap younger brother down a modest 1.76%
  • China & the UK complete the list, albeit fairly uneventful months for both...
  • ...especially considering the volatility both markets has endured so far in 2024.

What’s Hot

Name

Last Month's Performance %

North American Smaller Companies

13.07

North America

8.53

Technology & Technology Innovation

6.20

Global

4.48

Japan

3.76

 

What’s Not

Name

Last Month's Performance %

Europe Excluding UK

-2.27

European Smaller Companies

-1.76

China/Greater China

-1.55

UK Smaller Companies

-0.98

Europe Including UK

-0.37

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What's Hot What's Not

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