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Week Ended June 11, 2010

Stocks rose during another volatile week. Markets continued last Friday's sell-off at the start of the week as investors continued to worry about the credit crisis in Europe and the threat it posed to global growth. Sentiment improved somewhat on Tuesday as investors reacted to an interview with Federal Reserve Chairman Ben Bernanke, in which he stated that he viewed a "double dip" recession as unlikely. Share prices slid back again on Wednesday, however, perhaps in reaction to a slide in the euro below $1.20. On Thursday, stocks reversed course once more and enjoyed one of their best daily gains for the year in response to favorable comments from the European Central Bank, an encouraging report on Chinese trade activity in May, and a dip in continuing weekly jobless claims. News of a drop in retail spending in May was not enough to derail the markets on Friday as investors appeared to grow more confident that the global recovery would continue. Investors may have also been encouraged by a reading of consumer sentiment in June, which reached its highest level since January 2008.

U.S. Stocks¹
Index²	Friday's Close	Week's Change	% Change Year-to-Date
DJIA	10211.07	279.85	-2.08%
S&P 500	1091.60	26.72	-2.11%
NASDAQ Composite	2243.60	24.43	-1.13%
S&P MidCap 400	758.57	22.30	4.39%
Russell 2000	647.83	14.06	2.17%

This chart is for illustrative purposes only and does not represent the performance of any specific security. Past performance cannot guarantee future results.

¹Source of data Reuters, obtained through Yahoo! Finance Closing data as of 4:10 p.m. ET.

²The Dow Jones Industrial Average and the Standard & Poor's 500 Stock Index of blue chip stocks, the Standard & Poor's MidCap 400 Index, and the Russell 2000 Index are unmanaged indexes representing various segments by market capitalization of the U.S. equity markets. The Nasdaq Composite is an unmanaged index representing the companies traded on the Nasdaq stock market and the National Market System.

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U.S. Bond Market

Week Ended June 11, 2010

Retail sales took their worst tumble in eight months in May, falling 1.2% according to the Commerce Department. Consumers cut spending on cars, clothing, and other discretionary items, triggering new fears about the strength of the economic recovery. Consumer spending accounts for more than two-thirds of total economic activity in the U.S., and analysts have been worried that continuing high unemployment could dampen overall demand. Despite these concerns, Federal Reserve Chairman Ben Bernanke reiterated his views that the economy is unlikely to slip back into a recession and that the European debt crisis will have only a minimal impact on the U.S. economy. Investors were skittish in a volatile week of trading. At the close of business on Friday, Treasury yields ended slightly above their levels of the previous week.

U.S. Treasury Yields¹
Maturity	June 11, 2010	June 4, 2010
2-Year	0.73%	0.71%
10-Year	3.23%	3.19%
30-Year	4.15%	4.12%

This table is for illustrative purposes only. Past performance cannot guarantee future results.

¹Source of data: Bloomberg.com, as of 4 p.m. ET Friday, June 11, 2010.

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International Market

Week Ended June 4, 2010

International Stocks

Foreign stock markets closed lower for the week ending June 04, 2010 with the broad international measure, the MSCI EAFE Index (Europe, Australasia, and Far East), losing -1.44%.


Region/Country	Week's Return	% Change Year-to-Date
EAFE	-1.44%	-13.15%
Europe ex-U.K.	-2.97%	-19.45%
Denmark	0.28%	3.54%
France	-3.67%	-22.80%
Germany	-2.48%	-16.28%
Italy	-6.05%	-30.39%
Netherlands	-2.01%	-14.62%
Spain	-7.97%	-37.04%
Sweden	-0.66%	-3.16%
Switzerland	-0.54%	-11.67%
United Kingdom	-0.22%	-13.02%
Japan	0.11%	-0.49%
AC Far East ex-Japan	0.84%	-5.59%
Hong Kong	0.14%	-6.21%
Korea	2.01%	-3.14%
Malaysia	2.83%	6.16%
Singapore	1.54%	-4.01%
Taiwan	-0.19%	-12.20%
Thailand	5.43%	9.49%
EM Latin America	-0.85%	-10.30%
Brazil	-0.67%	-14.49%
Mexico	-0.94%	-1.62%
Argentina	2.98%	-2.90%
EM (Emerging Markets)	-0.34%	-6.66%
Hungary	-11.42%	-22.65%
India	-0.11%	-2.16%
Israel	-0.89%	-7.23%
Russia	-0.35%	-6.99%
Turkey	-2.83%	-2.11%

International Bond Markets

International bond markets in developed countries were lower this week, with the J.P. Morgan Global Government Bond Less U.S. Index losing -1.56%.


Region/Country	Week's Return	% Change Year-to-Date
Developed Markets	-1.56%	-5.31%
Europe
Denmark	-1.81%	-8.39%
France	-2.75%	-11.36%
Germany	-1.89%	-10.29%
Italy	-3.33%	-16.25%
Spain	-4.55%	-18.50%
Sweden	-1.23%	-5.25%
United Kingdom	0.98%	-5.70%
Japan	-0.92%	2.47%
Emerging Markets	0.13%	3.15%
Argentina	-0.57%	-4.73%
Brazil	-0.03%	3.44%
Bulgaria	0.55%	-0.01%
Russia	0.14%	1.61%

International Currency Markets

On the currency front, the U.S. dollar was stronger against the major currencies for the week.


Currency	Close June 4, 2010)	Week's Return (U.S. $)	% Change Year-to-Date (U.S. $)
Japanese yen	91.915	1.06%	-1.28%
Euro	1.2036¹	2.40%	16.11%
British pound	1.4558¹	-0.69%	9.85%

¹U.S. dollars per national currency unit.

Sources: Foreign stock markets and currency sections are from Rimes Technologies, using MSCI data. International bond markets are from J.P. Morgan.

Note: All returns are in U.S. dollars. All bond indices are J.P. Morgan. All stock indices are Morgan Stanley Capital International (MSCI).

Equity Indices
EAFE:	MSCI Europe, Australasia, and Far East Index
Europe Ex-U.K.:	MSCI Europe ex-U.K. Index
Far East Ex-Japan:	MSCI AC Far East ex-Japan Index
Latin America:	MSCI Emerging Markets Latin America Index
Emerging Markets:	MSCI Emerging Markets Index

Bond Indices
Developed Markets:	J.P. Morgan Global Government Bond Less U.S. Index
Emerging Markets:	J.P. Morgan Emerging Markets Bond Index Plus

All charts are for illustrative purposes only and do not represent the performance of any specific security. Past performance cannot guarantee future results.