Markets Stage Notable Rebound as Economy Shows Signs of Improvement

The second quarter of 2026 marked a return to stability across markets, the economy, and geopolitics after a turbulent start to the year.

According to the Bureau of Labor Statistics' Establishment Survey, total U.S. nonfarm payroll growth accelerated in Q2.

The BLS Job Openings and Labor Turnover Survey indicated that construction and manufacturing job openings reached their highest levels in two years in June.

The S&P 500 now trades on a forward price to earnings ratio of ~20x, down from a ~22x multiple at the beginning of the year.