Wednesday 20, February 2013 by Russ Koesterich

Mixed global growth warrants a focus on emerging markets

As was the case the prior week, last week saw little price change in US financial markets as investors are apparently taking a breather to digest some mixed economic news. For the week, the Dow Jones Industrial Average fell fractionally to end the week at 13,981, while the S&P 500 Index and Nasdaq Composite each advanced 0.1% to close at 1,519 and 3,192, respectively. Fixed income markets were also little changed, with the yield on the 10-year Treasury rising very slightlyto end the week at 2.01%.