By Stan Choe NEW YORK (AP) \u2014 When it comes to stock markets around the world, this year has clearly not been \u201cAmerica First.\u201d The U.S. stock market has risen in 2025 and isn’t far from its all-time high set last week. But it’s climbed less than stock indexes in Mexico City, Paris and Hong Kong. The difference in performance has been so stark than an index of stocks from 22 of 23 developed economies around the world, excluding the United States, has trounced the S&P 500: a 7.5% rise through Monday versus 1.7% for Wall Street’s benchmark. The split in performance has many causes, and if it continues, it would mark a sharp reversal following years of U.S. exceptionalism. The U.S. stock market has been the clear winner for… <\/p>\n
By Stan Choe NEW YORK (AP) \u2014 When it comes to stock markets around the world, this year has clearly not been \u201cAmerica First.\u201d The U.S. stock market has risen in 2025 and isn’t far from its all-time high set last week. But it’s climbed less than stock indexes in Mexico City, Paris and Hong Kong. The difference in performance has been so stark than an index of stocks from 22 of 23 developed economies around the world, excluding the United States, has trounced the S&P 500: a 7.5% rise through Monday versus 1.7% for Wall Street’s benchmark. The split in performance has many causes, and if it continues, it would mark a sharp reversal following years of U.S. exceptionalism. The U.S. stock market has been the clear winner for... <\/p>\n