Markets claw back last year’s losses

Global markets continued to perform through February and the year-to-date losses of US$3 trillion in 2011 have been clawed back, said S&P Indices.

February not only protected the impressive January gains, but nicely added to them with its own broad market rally.  Cumulatively, January and February have gained back the losses of 2011, and left 35 of the 46 markets with year-to-date double-digit gains.

While one-year returns remain generally in the red, the markets have moved much quicker this year, and in the right direction.

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