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World Wrap
– US and foreign stocks rose while Treasuries gained. REITs joined the rally as oil plunged on easing Middle East fears.
– Small caps led. Materials, staples and financials outperformed, while energy lagged as crude oil tumbled.
– Latin America and Emerging Europe led abroad. Peru, Colombia, Chile and the Netherlands surged, while Taiwan lagged.
– Bonds advanced as yields fell. Oil sank, gold slipped and the dollar weakened against major currencies.
Market Outlook – Wall Street Rediscovers How to Print Stock
World Wrap
– US stocks lagged foreign markets. Energy and REITs gained, while a sharp selloff in technology weighed on broader markets.
– Defensives led. Health care, energy and low volatility gained, while growth, momentum, technology and consumer discretionary fell.
– Developed markets beat EM. Korea pulled back after its AI-fueled surge, while Indonesia and Peru lagged and Colombia gained.
– Bonds fell as yields rose after strong jobs data. Oil climbed, precious metals dropped and the dollar strengthened.