Biotech continues to trade well, as do small caps and small cap growth stocks. IWC (Microcaps) is also probably a good indicator of where market price action has been lately with the smallest (and usually most speculative) names up a healthy 2.5% over the past week. Oil-exposed stocks like XES or OIH feature prominently in the list of worst performers, as does hedged Japanese exposure which has gotten hit hard on combined USDJPY and Nikkei selloffs over the last few days.  A number of other EMs have also underperformed over the past week.

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