Equities outside the US in developed markets topped last week’s widespread gains for the major asset classes, based on a set of exchange-traded funds. Rising nearly 2% for the trading week through July 17, the rally in this corner lifted prices to a level that’s close to a post-correction high. Vanguard FTSE Developed Markets (VEA) rose 1.9% last week, paring the fund’s drawdown to 9.4% — near the smallest peak-to-trough decline since the coronavirus crash in March. The latest rally marks the second time since the correction that VEA has posted three straight weekly gains.