Russell 3000(R) & Russell Developed Europe Indexes: Technology & Financial Service Sectors Show Strongest Losses in April; Utilities Diverge

(firmenpresse) - SEATTLE, WA -- (Marketwire) -- 05/02/12 --
The Russell 3000® Index returned (-0.7%) in April, but is still up +12.1% year-to-date as of April 30th. The Russell Developed Europe Index was also down in April, with a (-1.9%) return, and is still up +9.6% year-to-date as of April 30th.
Within both Indexes, the Technology & Financial Services sectors had the weakest performance in April.
Within the Russell 3000® Index, the Utilities sector had the strongest performance for the month of April, with a +2.9% return. Conversely, within the Russell Developed Europe Index, Utilities was one of the weakest sectors for the month of April, with a (-4.0%) return.
According to Tom Goodwin, senior research director for Russell Indexes, "We've seen elevated uncertainty in the European markets in recent weeks driven by political events, as is illustrated by performance of the indexes. This uncertainty in European markets may continue this week. Today, we saw very large May Day rallies, but the largest market concern appears to be the outcome of the French election on Sunday."
The Russell Global Index includes more than 10,000 securities in 48 countries and covers 98% of the investable global market. All securities in the index are classified according to size, region, country and sector. Daily Returns for the main components are available here:
Opinions expressed by Mr. Goodwin reflect market performance and observations as of May 1, 2012 and are subject to change at anytime based on market or other conditions without notice. Please remember that past performance does not guarantee future performance.
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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 02.05.2012 - 18:07 Uhr
Sprache: Deutsch
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