Small caps did even better in anticipation of favorable policy developments, with the Russell 2000 jumping a whopping 11.2%, its best month in five years. Overseas markets did not fare nearly as well, with returns for U.S. investors severely hampered by the surging dollar.
Market Flash Report - December 2016
U.S. stock markets staged quite a post-election rally in November, with the S&P 500 hitting record highs before ending the month with a solid gain of 3.7%.