European markets were down during the quarter as a sharp rise in energy prices and escalating geopolitical tensions increased inflation concerns and weighed on growth expectations.
Energy, materials, and information technology were the largest contributing sectors.
Industrials, financials, and consumer discretionary were the largest detracting sectors.
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Key Takeaways
Markets: Global equities collectively declined over the first quarter of 2026, with the MSCI All Country World Index falling for the period, as a sharp drawdown in March more than offset gains earlier in
