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flag U.S. stock markets trail global peers in 2025, signaling a shift in investor confidence.

flag In 2025, U.S. stock markets have lagged behind global counterparts, with the S&P 500 up only 1.7%, compared to a 7.5% rise for an index of 22 developed economies. flag This shift marks a decline in U.S. market dominance, influenced by factors including central banks in other countries cutting interest rates and the strengthening U.S. dollar benefiting exporters elsewhere. flag The outperformance of international markets signals a potential decline in investor confidence in U.S. exceptionalism.

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