US Stocks Lagging Behind World Portends Tough Year for Equities
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Equity markets around the world are trouncing US stocks in early 2025, an ominous historical signal for how the rest of the year could shape up for US investors.
While the S&P 500 Index eclipsed most foreign markets in 2024, that dynamic has gone into reverse so far this year, as tariff worries and nascent economic concerns weigh on US equities. The US stock benchmark is up just over 1% this year, compared to the MSCI All Country World Index excluding the US, which has gained nearly 7% since January.