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Markets posted one of the best quarters in a decade. All major global equity indices recorded double-digit growth, pushing year-to-date returns above 10% and completely reversing negative returns realized in the first quarter.
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Equity markets put in another strong performance in May with the S&P 500 up 5.1%.and the MSCI EAFE Index up 2.6%. The Nasdaq and MSCI Emerging market index were two standouts to the positive with 8.4% and 9.4% returns respectively.
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