Please join us for an educational webinar co hosted by Cetera Investors Houston Team and Kensington Asset Management with guest speaker Mano Fanopoulos- Managing Partner- Kensington Asset Management

The S&P 500 ended the second quarter with a technology-driven rally that spurred a 15.29% return during the first half of the year, its sixth best two-quarter start to a year since 1990. Moreover, the near 15.3% performance is the second strongest election year start since 1944. Unusually, however, only a handful of Big Tech company stocks have fueled this year’s rally. Despite a sell-off at the end of June, the primary bellwether artificial intelligence (AI) chipmaker dominated the two quarter tech rally, up nearly 150% year-to-date (YTD). Four other so-called Magnificent Seven stocks also eclipsed the S&P 500’s first half performance. All three major U.S. equity indices advanced in June, posting their seventh positive monthly performance in eight months.

5433 Westheimer Rd Suite 800

Houston, TX 77056

713-961-0500

ryan.elder@ceterais.com

Cetera Investors is a marketing name of Cetera Investment Services. Securities and Insurance Products are offered through Cetera Investment Services LLC, member FINRA/SIPC. Advisory services are offered through Cetera Investment Advisers LLC. Cetera is under separate ownership from any other named entity. Guest speakers are not affiliated or registered with Cetera.