The S&P World Ex-U.S. Momentum Index’s 2025 results highlight the recent strength of the momentum factor across developed markets internationally.

The Dow Jones Industrial Average first crossed the 40,000 milestone in mid-2024, yet barely 18 months later, the index has notched another record closing high and is now knocking on the door of 50,000.

Its gone red since I drew up this chart, but still a nice series of higher highs and higher lows in place. But some reservation about a bigger pullback.

The increase in futures flows comes after XRP’s price rebounded from a low of $1.52 to above $1.6.

After a "stagnant" quarter-century, PayPal’s stock has crumbled nearly 90% from its 2021 peak, hitting $42 today following a Q4 miss.

London's FTSE 100 index retreated after reaching a record high on Tuesday.

The Dow Jones Industrial Average notched a fresh record right out of the gate but has since cooled, with the blue-chip index now down triple digits.