Uncertainty with the debt ceiling created volatility in domestic equities, yet still maintained positive year-to-date returns for the S&P 500 Index and the Nasdaq. The Dow Jones Industrial Average was still -0.72% for the year. Major international regional indices such as the MSCI EAFE, the MSCI Europe, the MSCI Pacific, and the MSCI Emerging Markets all maintained positive YTD results through the end of May.

Sources: Dow Jones, S&P, Nasdaq, MSCI, Bloomberg

Print Version: June 2023 Equities Endure Volatility Domestic International Stock Markets

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