On August 22 and 23, 2024, market performance highlighted a strong showing from the semiconductor and technology sectors, while energy lagged behind. Notably, Real Estate Investment Trusts (REITs), represented by the VNQ index, reached their highest levels in 23 months, benefiting from a significant bond-market selloff. The VNQ index recorded a notable increase, reflecting a year-to-date performance that has been favorable amidst fluctuations in other sectors. Despite tech and consumer discretionary stocks being identified as laggards, they have shown resilience with small caps outperforming their larger counterparts. The Russell 1000 Value index managed to outperform on August 23, indicating a shift in market dynamics as investors navigate varying sector performances.