– Global equities and commodities climbed, and international equities led the performance among asset classes.
– Tech and large-cap stocks led all factors, styles, and sectors. Healthcare was the only declining sector – falling on news of RFK Jr becoming the Secretary of HHS.
– International stocks started 2025 with a bang, which continued last week. Germany climbed more than 5%, and China rose more than 7%.
– The dollar fell 1.2%, falling to new lows for 2025. Commodities rallied, and Gold reached another new all-time high.

– Split week in equities as US stocks declined while international stocks rallied. Treasuries and Commodities also closed higher.
– Large Cap growth stocks finished up for the week – the only style box to do so. But there were more sectors up than down.
– Strong performance from Emerging market equities, led by China and Mexico.
– Gold prices closed at a record high for the second straight week. Meanwhile, prices for crude oil have fallen more than 12% from their late January high.