Multinational companies often follow the U.S. lead in restructuring processes and adopting new technologies. As a consequence, 1) 2) 3) 4) foreign equities markets are driven by earnings growth and political considerations, like U.S. equities markets. foreign equities markets are driven by earnings growth and political considerations, unlike U.S. equities markets. foreign equities markets are driven by earnings growth and interest rate changes, like U.S. equities markets. foreign equities markets are driven by earnings growth and interest rate changes, unlike U.S. equities markets.