January 2026 Market Commentary
OverviewMarkets fared well in the first month of the new year. U.S. large-cap stocks, as proxied bythe S&P 500 Index, gained 1.5%, underperforming the U.S. small-cap Russell 2000 Index,which ended January up 5.4%. U.S. intermediate-term bonds, as represented by theBloomberg U.S. Aggregate Bond Index, ended January flat, up 0.1%.Inflation remained steady in the last month […]