Industrial Growth | Second Quarter 2018

August 2018 – During the second quarter, equity capital market returns for SCA’s Industrial Sector Universe expanded with the majority of our covered subsectors posting improvements. Coinciding with a robust 4.1% GDP growth in the second quarter and consumer confidence at a 17-year peak, the Chemicals and Electronics & Components subsectors both had positive quarterly returns of +5.4%, compared with the NASDAQ index posting a generous quarterly return of +9.3%. Strong corporate earnings were able to counterbalance continued trade tariff exchanges and uncertainty in the equity markets.

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