Amid a tumultuous year marked by multiple conflicts and consequential elections around the world, the U.S. stock market has managed to far outperform its global peers.
The iShares MSCI ACWI ex-U.S. ETF (ACWX) , which tracks large- and midcap stocks from around the world while excluding the U.S., has gained just 7.6% in 2024.
ACWX .SPX YTD mountain iShares World ex-U.S. ETF versus the S & P 500 in 2024 Political chaos across the world has played a role in some international markets' underperformance in recent days.
The government is facing a no confidence vote that has led investors to sell off French stocks in recent days.
Potential tariffs on China and Mexico from the incoming Trump administration are also expected to weigh on global markets.
Persons:
MSCI ACWI, Yoon Suk, Trump, Joyce Chang, Chang
Organizations:
U.S . ETF, U.S, CAC, JPMorgan, Finance Forum
Locations:
U.S, Korea, Europe, France, China, Mexico, Japan