The last few months have been enjoyable for long-term investors who have remained disciplined and focused on their goals. The artificial intelligence (AI) theme continues to power the major U.S. stock indexes, and market sentiment remained strong in the leap day-extended month of February.

Major U.S. equity indexes closed out 2023 strongly in the green, marking the second consecutive month of gains for the S&P 500. A Santa Claus Rally was not really needed for long-term investors, as major equity indexes have been enjoying a powerful rally that began in October.

Hello again! Here is an overview of what you need to know about key market and economic events in November. November was a great one for long-term investors in U.S. stocks—essentially the polar opposite of October.

After a strong July, major U.S. equity indexes retreated slightly yet remained resilient in August. Treasury yields captured the market’s attention for much of the month.