Market update

November market update – US equities were the standout performers

The S&P 500 was the standout performer in November, as the US equity market tallied up a record of 13 successive positive months of returns – a first in 90 years of data. We will have to wait and see whether a Santa rally helps December deliver the first full calendar year of positive returns.

What happened in the markets?

  • Closer to home, UK equities had a challenging month, with headwinds from a deteriorating economic outlook and the strengthening of sterling late in the month following reports of an apparent breakthrough in Brexit negotiations with the European Union.
  • European equities also struggled against a stronger euro in November.
  • Asia and Emerging Market equities had a more subdued month of returns after a strong year so far.

Read our market commentary

We hope you have found this update helpful. Please do get in touch on 020 7189 2400 or email contact@tilney.co.uk if you have any queries or would like more information.

Important information

The value of investments, and the income derived from them, can go down as well as up and you can get back less than you originally invested. This is not a personal recommendation or advice to invest. Past performance is not a guide to future performance.

Funds may carry different levels of risk depending on the industry sector(s) in which they invest. You should ensure that you understand the nature of any fund before you invest in it.

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