The Year in Numbers
US indices delivered solid returns — S&P 500 +16%, Nasdaq +20% — but the real surprise came from Europe. DAX +23%, FTSE MIB +31%, IBEX +49%. Performances you don’t often see from this side of the Atlantic.
Asia was mixed. Nikkei +26% and KOSPI +75%, driven by semiconductors and AI momentum. China underperformed with Shanghai Composite +18% — decent, but lagging the global rally.