by Jason Gunkel, CFP®, CFA, CAP®, Chief Investment Officer | August 6, 2021
The stock market, as represented by the S&P 500 Index, continued to climb in the month of July and reached new all-time highs. After a drop in the middle of the month caused by higher than expected inflation numbers, the market recovered to gain about 2.4%. The stock market is now up about 18% for the year.