U.S. stocks are being battered by ‘AI derangement syndrome,’ and CEOs are learning not to talk about it
S&P 500 futures were down 0.32% this morning prior to the opening bell in New York, after the index fell 0.54% yesterday, suggesting that investors hate U.S. equities right now.
The index is up 0.93% year-to-date, a feeble performance compared to foreign stocks. The U.K.’s FTSE 100 is up nearly 10% over the same period. The STOXX Europe 600 is up 6.53% and sits at an all-time high. Japan’s Nikkei 225 is up nearly 14%. South Korea’s KOSPI is up an astonishing 45%.
Growth is everywhere...