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Chart of monthly returns for 9/30/2025-10/31/2025

NEPC’s October 2025 Market Commentary

Global equities continued their stellar run in October with technology stocks driving markets higher across the world. During this period, the MSCI Emerging Markets Index led the way with returns of 4.2% with strong support from Taiwanese and South Korean equity markets. The S&P 500 gained 2.3%…

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