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Fortune
Fortune
Paolo Confino

Despite the V-shaped recovery, U.S. stocks still lag behind the rest of the world in 2025

Charging bull statue in lower Manhattan (Credit: Nicolas Economou/NurPhoto)
  • The S&P 500 grew just under 1% so far this year. However, global stocks have fared much better since the White House’s tariff policy induced a market selloff across the world. Since then, stocks in Germany, Brazil, and China have all seen double-digit growth. 

After taking a battering in April, the S&P 500 recovered this week and finally tipped positive for the year. So far, 2025 has offered paltry returns compared to the more than 20% gains of the past two years. However, the news was still welcome for investors who hope it could mean U.S. stocks won’t end in a bear year. 

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