1.   Even so, Dewandeleer cautions that investors lightening their holdings now may be missing out on later gains.

2.   Gas, water and electricity stocks have tugged U.K. indexes lower as investors lighten their holdings in companies likely to suffer from renewed government regulation.

3.   Utility stocks extended recent losses as investors lightened their holdings in stocks that are likely to suffer from rigorous government regulation.

4.   But expectations that the dollar may weaken against the peso in the near term pressured banks to start lightening their holdings, they said.