– US Equities rebounded on a narrow rally. Commodity prices also moved higher.
– Tech and Consumer Discretion stocks drove broad indices higher. Average sector performance beyond those two was 0.0% for the week.
– A rally in Latin American stocks pushed emerging market indices higher. Developed markets declined slightly.
– Precious metals and the US dollar rallied. US Dollar rally stopped just short of making its first higher high of 2023.

– No asset class was spared last week – with every key asset class registering declines.
– All sectors, styles, and factors went lower. Tech stocks fared the best.
– International equity declines were broad with equity markets declining in 42 of 44 countries.
– Sell-off in Treasuries pushed yields on the 30Y Treasury to 12-year highs. Mortgage rates climbed to 20-year highs.