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NDR Sector Allocation Strategy Commentary - July 2024

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The S&P 500 Total Return Index gained nearly 3.6% with the strongest performance from Cyclical Growth Sectors (Tech, Communication Services, and Consumer Discretionary). Financials, Technology, Health Care, Consumer Discretionary, and Utilities are above benchmark weight. Real Estate, Communication Services, Materials, Energy, and Consumer Staples are below benchmark weight.

Ned Davis Research | NDR Sector Allocation Strategy Commentary | Monthly

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