An index of world stocks dipped on Friday as investors locked in a quarterly gain that has given equities their best start to a year since 2012, while oil prices finished their worst quarter since 2015. U.S. stock indexes were mostly lower in afternoon trading. The S&P 500 was on track to gain about 6 percent for the first quarter, its biggest quarterly gain since 2013. Emerging market equities fell the most, with the MSCI emerging markets index down 0.9 percent on Friday. MSCI's EM stocks index is up 12.5 percent on a dollar-adjusted basis.
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An index of world stocks dipped on Friday as investors locked in a quarterly gain that has given equities their best start to a year since 2012, while oil prices finished their worst quarter since 2015. U.S. stock indexes were mostly lower in afternoon trading. The S&P 500 was on track to gain about 6 percent for the first quarter, its biggest quarterly gain since 2013. Emerging market equities fell the most, with the MSCI emerging markets index down 0.9 percent on Friday. MSCI's EM stocks index is up 12.5 percent on a dollar-adjusted basis.
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