FOREIGN STOCK MARKETS

Stock index trends in native currencies and in dollars adjusted for currency fluctuations. The dollar-adjusted returns are what U.S. investors would realize.

Last week Year to date Market Native In dollars Native In dollars Australia +1 +2.5% +13.9% +14.0% Austria -2.4 -4.3 +13.4 +6.8 Belgium -0.6 -3.0 +17.2 +10.6 Britain +1.6 -0.4 +17.7 +12.4 Canada -1.4 -0.8 +7.1 +7.6 France -1.3 -3.6 +17.9 +10.8 Germany -2.2 -4.5 +11.8 +5.1 Hong Kong +2.1 +2.2 +23.5 +23.6 Italy +3.0 +0.5 +15.9 +10.1 Japan +1.8 +1.4 +14.9 +14.2 Netherlands -0.4 -2.8 +11.6 +5.1 Singapore/Malaysia -1.0 -1.4 +21.5 +20.6 Spain +3.1 +0.6 +27.7 +23.1 Sweden +1.5 -0.1 +31.8 +27.0 Switzerland -0.5 -2.3 +19.3 +10.6 United States -0.4% +13.3%

Source: Morgan Stanley Capital International