Stocks around the globe fell last week, with the World down a little over 2%. However, for the year, global stocks are up 8% and the US is up close to 10%.
The BRICs were down across the board last week, with India faring the best, down only 1.8%. India's also the best performing BRIC this year, up 18.4%, with China in second, up 10.9%.
Financials continue to lead the sectors this year, up 19%. On the flip side, after last week's negative market actions, Energy is now at 0% for the year and Utilities have dropped into negative territory, down 4.1%.
Keith Hays & Justin Wood
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