SMID Cap Portfolio Review - October 2025
November 10, 2025
U.S. equities delivered another strong monthly gain in October, extending the market’s impressive recovery from the “Liberation Day” selloff in April. Strength in corporate profits, softer inflation data, a widely anticipated 25-basis-point Fed rate cut, improving global trade dynamics, and renewed leadership from U.S. technology stocks all helped propel the market higher.
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