US stocks eclipsed by rest of world in 2025 as investors diversify
Chinese artificial intelligence advances and the effects of Trump’s trade war have boosted markets outside the US
Chinese artificial intelligence advances and the effects of Trump’s trade war have boosted markets outside the US

Decline in Asian markets led by companies most exposed to demand for artificial intelligence

Doubts over December interest rate cut from Federal Reserve exacerbate jitters about high valuations

Investors hunt for winners in market that for years has lagged behind Wall Street’s rally

Cautious comments from top bank executives add to jittery sentiment on Wall Street

Strong earnings and AI spending plans help investors shrug off fallout from Middle East conflict

Wall Street’s S&P 500 is up 16.5% in 2025, beating analysts’ forecasts, after markets shrugged off trade turmoil