By The Numbers
- Unusual Volume: Taleo Jumps After Oracle's $1.9 Billion Offer
- Gas Prices in All 50 States Back Above $3 a Gallon
- Stocks on the Move Now: Caesars Entertainment Soars
- S&P 500 Earnings: Industrials Lead
- Stocks on the Move Now: O'Charley's Rallies
- Dow Rallies to Pre-Recession Levels: McDonald's Leads Since May 2008
- Unusual Volume Leaders: Gilead Sciences Spikes
- Stocks on the Move Now: Abercrombie & Fitch Tanks
- Groundhog Day Shadows the Stock Market
- Stocks on the Move Now: Amazon Dives
EDITOR
ABOUT BY THE NUMBERS
#GIOVANNYMOREANO ON TWITTER
Global Scorecard: Emerging Markets Lead
Emerging markets took the performance lead during the second quarter of 2009, with stocks in India and Russia jumping over 40%, as global markets recovered from multi-year lows.
Signs of improving economic data encouraged investors to shift their focus to opportunities overseas during the second quarter. Reinforcing the view that emerging markets could lead a market rebound, Morgan's Stanley Capital International (MSCI) Emerging Markets Index, a benchmark of equity market performance in 22 emerging economies, rose 34% in the past three months.
Compared to the first quarter of 2009, BRIC markets (Brazil, Russia, India, and China), saw their benchmark indices post double digit gains. India and Russia, for example, posted gains north of 43%. China is an example of a country that has had solid gains for each quarter so far in 2009, giving it the best performance amongst its peers YTD. Some Latin American economies also saw big rallies. The Argentine Merval index gained 41% and the Chilean IPSA rose 25%.
Among developed economies, Japan posted a gain of 23%, ahead of the US and most European economies. For investors, the questions remains whether recent gains in emerging markets are sustainable or a market reversal could be ahead.
Global Scorecard
The following ETFs provide a sample of securities traded in the US with exposure to emerging markets. Keep in mind that investing overseas widens the risks for investors as they now need to consider currency cross rates, political uncertainty and other factors.
- IShares MSCI Emerging Markets Index Fund [EEM
Loading...
()
] - Direxion Daily Emerging Markets Bull 3X [EDC
Loading...
()
] - SPDR S&P Emerging Markets [GMM
Loading...
()
] - PowerShares FTSE RAFI Emerging Markets Portfolio [PXH
Loading...
()
] - Vanguard Emerging Markets [VWO
Loading...
()
] - IShares S&P Latin America 40 Index Fund [ILF
Loading...
()
] - SPDR S&P Emerging Latin America [GML
Loading...
()
]
Comments? Send them to
- How much did the Facebook founder pay for other shareholders' voting rights? Not a heck of a lot, says the NY Times.
- Here’s a look at Westminster Kennel Club’s most successful breeds and how much they cost.
- The oft-mentioned jobs "miracle" in European economic powerhouse Germany has a dark side that's largely escaped comment.
- When looking for that next career move, workers need to look at the differences between a start-up and a public firm.
- After enduring the recession, many Baby Boomers say money isn’t the most important thing they hope to leave to their kids.
- The ‘Fast Money’ traders weigh in on fashion related stocks from apparel to footwear to accessories and fragrances.




















