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Markets Defy Chaos This Year | US News
Markets defied chaos this year—geopolitical shocks, oil spikes, and Iran tensions barely dented global stocks, which surged seven trillion dollars thanks to AI and space tech. South Korea’s market doubled, SpaceX went public for two trillion, while the “Magnificent Seven” and gold stumbled. The MSCI index climbed nearly 10%, and major U.S. indices had their best second quarters since 2020. Meanwhile, Japan’s yen hits a 40-year low despite massive intervention, while the dollar rebounds—hinting its decline may have been overblown. With elections looming and AI hype surging, the wild ride shows…
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