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chart of Monthly Returns for 6/30/25 through 7/31/25

NEPC’s July 2025 Market Commentary

Stocks hit all-time highs in July, with the S&P 500 and the NASDAQ repeatedly setting new records. Corporate earnings were a bright spot last month as the S&P 500’s blended earnings growth rate overshot expectations with over 80% of companies reporting earnings that exceeded street…

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