The World was up just over 1% last week; however, this came mostly from international markets (up 2%), since the US was basically flat (up only 0.3%).
- Japan led the G7s last week, up 3.8%, with Germany, Italy and France following with gains of 2.5% or more.
- China led the BRICs last week, up 2.6%, while India lagged the group, down 2.1%.
- Financials remain the top performing US sector, up 23.8% this year, while Utilities continue to lag the group, up only 3.1%.
- As for the style boxes, Large Cap Value now leads, up 14.6% this year (see the graphic below).
Keith Hays & Justin Wood
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