Stocks added to strong October gains in November as the S&P 500 returned 5.6% for the month, leaving the index down 13.1% year to date. The Dow Jones Industrials fared slightly better, gaining 6%, while the Nasdaq added 4.5%. The Dow, up more than 20% from its...

The Strategic and Tactical Asset Allocation Committee maintains its overweight equities recommendation relative to bonds.

The Strategic and Tactical Asset Allocation Committee revised S&P 500 year-end fair value target of 4,000-4,100.

See LPL Research’s latest monthly market outlook in the August 2021 Global Portfolio Strategy.

See LPL Research’s latest monthly market outlook in the July 2021 Global Portfolio Strategy.

First quarter earnings season was truly remarkable and we lifted our earnings forecasts and our year-end S&P 500 Index fair value target rang.