US equity markets recovered a bit after the rough October returns, though still down over the past two months. For the year, US large caps are holding a solid gain but small caps are roughly flat. At the sector level, the monthly return range was about 9%, with Health Care having a positive 7% and Technology down almost 2%. The REIT sector was strong on the back of lower interest rates, along with Utilities.
As you are probably aware, almost all asset classes were down this past month. Even the usual favorable effects of rising bond prices didn't help except for short-maturity treasuries and currency-hedged international bonds. There was a small bounce at the end of the month in equity markets to soften the blow.