Equities, commodities and precious metals took a hit last week, though most equity indexes closed a doji for the week. All the gains right now accumulating to US dollar and the long term treasuries.
Markets are nervous about Euro zone problems more than the economic concerns in the US, I think. The much anticipated rate cuts by ECB on thursday can bring some relief and a relief rally depending on the Jobs report on Friday.
Last week's (week over week) market Sectors Returns and Internals: