World Markets Weekend Review: The East-West Divide

From - Advisor Perspectives
December 30, 2012 - 11:45am

Dec 30, 2012 Doug Short  The holiday shortened week for most of our eight featured world indexes was dominated by one theme: The East rose and the West fell. Japan's Nikkei 225 continued its surge, up 4.58% (aided by the Yen's slide, down 10% in seven weeks). China's Shanghai Composite rose 3.71% for a gain of 13.95% for the month of December with one day of trading left. India's SENSEX and Hong Kong's Hang Seng both posted respectable gains. The four markets from the West all declined for the week, with the S&P 500 faring worst with a loss of 1.94%....More...

Share this article »  

Continue reading this article »