Investments

Animal spirits - global stock markets have closed out their best month in several years, but can the rally continue?

Monday 11th of December 2023

by Greg Smith, Head of Retail at Devon Funds

The US led from the front with the S&P500 and Nasdaq enjoying the best month since July 2022, gaining 8.7% and 10.7% respectively. The Dow (which hit a record high) jumped 8.8%, the biggest monthly gain since October last year.  The MSCI World index rose 9%, a feat not matched since news emerged of a Covid vaccine in late...

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