– US and foreign stocks rose – REITs led as yields eased. Oil’s plunge kept commodities under pressure.
– Small caps and defensives led: health care, utilities and real estate beat. Communication services and staples lagged.
– Europe and LatAm led abroad. Peru, Sweden and Ireland jumped, while Indonesia and Turkey slumped amid EM volatility.
– Bonds firmed as rate fears eased, while oil’s slide hit commodities. The dollar was little changed.

– US stocks edged higher while foreign stocks, Treasuries and REITs fell – commodities surged as oil’s 10% spike reignited inflation fears.
– Energy exploded higher on oil’s surge while small caps sank – large-cap growth again masked weak breadth beneath the surface.
– International stocks broadly fell as dollar strength and rising oil hit EM hardest – Brazil, India and Indonesia led the decline.
– Bonds fell as yields jumped – oil and gas surged, gold slipped, and the dollar posted its strongest week since March.