US stocks lag behind Europe and China as inflation concerns rise and bitcoin drops
cnn.com —
US stocks have struggled since Donald Trump took office on January 20, 2025, lagging behind European and Chinese markets. The S&P 500 has declined for three consecutive sessions, with investor sentiment shifting to extreme fear amid rising inflation concerns. Bitcoin has also dropped about 17% in the past month, trading around $87,000, down from a peak of $106,000. Investors are moving towards safer assets like government bonds, as the yield on the 10-year US Treasury fell to 4.3%. While US stocks face challenges, European markets have gained nearly 10% this year. Analysts note that tech stocks in China and Europe are performing well, driven by recent developments and reconstruction efforts related to Ukraine.