Performance was bifurcated in global equity markets last week. Major U.S. indexes rebounded on Friday, locking in gains, while non-U.S. markets were broadly lower. The DJIA, S&P 500 and tech-heavy Nasdaq all closed at record highs on Friday, while the MSCI EAFE, EM, and ACWI ex-USA fell 0.1%, 2.6% and 0.9%, respectively.
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