Market Update January 2024
Submitted by Corrigan Financial, Inc on January 31st, 2024U.S. stock values increased approximately 1% in January, for a third consecutive month of gains. Foreign equities actually declined by about that same amount. The yield on the benchmark 10-year U.S. Treasury ended the month at 3.96%, just slightly higher than where it started the year. Overall, it was a relatively quiet month for investors, with global stocks eking out slight gains against modest losses for global bonds.
