Global Markets Update: Monday, March 21, 2011

Last week, we saw the following actions take place across global markets:

  • Asian markets continued to take a hit last week in the aftermath of the recent earthquake dropping 5% for the week.  World returns for the year turned negative last week, while the US is up 1.7% YTD.
  • Japan's markets continued to fall last week finishing down 8.5%.  Canada and Germany continue to lead the G-7, and Russia remains the strongest of the BRICs year-to-date.
  • Midcaps continue to lead for the year up almost 4%, while Large and Small Caps are only up around 1.5%.  Energy continues to lead the sectors for the year up 10.2%, with Industrials in second up 3.5%.

To read today's complete World Wrap, click here.

Keith Hays & Justin Wood

Please see important disclosures at the bottom of this page.