Equities markets continue to muddle along as investors worry about earnings - their validity and when they might recover. This is especially so for technology and telecommunications companies. The recovery's pace is a concern everywhere. And there is that laundry list of exogenous worries that continue to rattle - terrorists, the Middle East situation and its impact on oil prices, and the political uncertainties that go with upcoming elections. News two years ago, whether good or bad, was treated as good news. Now, even it is good, all news is bad - especially when it originates in the United States. The relatively weak performance by U.S. equities has added to jitters in the currency market, where the dollar weakens even though the recovery here is progressing at a faster clip than in Europe or Japan. But how long will market players ignore the bad news from Europe and Japan? Investors remain very cautious.

Last Week's Highlights   •   Global Stock Market Indexes   •   Recap of Global Markets   •   Currencies   •  Indicator Scoreboard

The Bottom Line   •   Looking Ahead