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September 16, 2024 The rate rise cycle begins Equities rose last week (S&P 500 +4.06%) with big tech leading the way. The big story was the bounce in stocks on the back of oversold conditions and upbeat headlines surrounding AI. Best sectors were technology (+7.34%) and consumer discretionary (+6.15%); worst sectors were energy (-0.68%) and financials (+0.52%).
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About the AuthorROBERT C. DOLL, CFA® Bob joined Crossmark in May 2021 as Chief Investment Officer (CIO), and took on the additional responsibilities of President and Chief Executive Officer in January 2024. He brings his 40 years of industry experience to guide the investment process and serve as portfolio manager for multiple Crossmark large-cap strategies. |
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Crossmark's Chief Investment Officer Bob Doll to Add President and CEO RolesCrossmark Global Investments has hired financial services industry veteran, Bob Doll, as the firm’s new President, CEO and CIO. |
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About Crossmark - Where Investments and Values IntersectCrossmark Global Investments is a faith-based firm that creates and manages values-based investment strategies for financial intermediaries and their clients. Founded over 35 years ago, the firm has a rich history of inspiring and equipping its clients to go further in aligning their investments with their values. Crossmark is based in Houston, Texas. For more information including products, and insights, visit crossmarkglobal.com
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