Seven of eight indexes on my world market watchlist posted weekly gains, with the three European indexes topping the list, thanks to the European Central Bank’s QE. France’s CAC 40 was up 5.96%, Germany’s DAX rose 4.74%, and the UK’s FTSE 100 gained 4.31%.
But the list of big winners extended beyond Europe. The three Asia-Pacific indexes posted gains ranging from 3.10% to 4.11%.
The S&P 500 was the poorest performer of the weekly winners, but its 1.60% gain snapped a three-week losing streak. China’s Shanghai Composite posted the only weekly loss, down a modest -0.73%.
Here is a overlay of the eight for a sense of their comparative performance so far in 2015.
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