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
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