Europe
- Despite rallying in the fourth quarter, the S&P Europe 350® finished 2020 below where it began, thanks in no small part to its largest country by weight, the United Kingdom.
- Information Technology finished the year as the clear winner among sectors, while European Financials had another year of woe.
- One of the unsung stories of the year in Europe was the strength of the euro, which gained 6% versus GBP and 8% versus USD during 2020.
