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Market Update

March was a challenging month for stocks, as markets pulled back due to rising geopolitical risk in the Middle East. The S&P 500, Dow Jones, and Nasdaq all fell by around 5 percent. International markets fared worse, closing down over 10 percent in March. Bonds were also down, due to rising interest rates.

Further, employment growth continued to show signs of weakness at the start of the year, with February showing a decline of 92,000 jobs. Inflation also remained stubbornly high. So, are investors in for more volatility ahead? Watch my latest Market Thoughts video to learn more:

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Stern & Heatwole Financial Group  
305 Lucy Drive, Harrisonburg, VA 22801      |      Phone: 540-438-0547      |     
 Fax: 540-438-5647      |     Form CRS

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