Jin Rong Jie·2025-04-03 01:05Group 1 - In Q1 2025, the US stock market experienced its worst quarterly performance since 2022, with the Nasdaq Composite down 10.4%, S&P 500 down 4.6%, and Dow Jones down 1.28% [1] - The decline in tech stocks was significant, with Tesla down approximately 36%, Nvidia down over 19%, and Apple down over 11%. The "Magnificent Seven" tech stocks index fell 14.83% [1] - Despite the overall downturn, defensive stocks provided stable returns, with seven out of eleven S&P 500 sectors achieving positive returns, including energy up nearly 8% and healthcare up 5% [2][3] Group 2 - The European market showed strong performance in Q1 2025, with the Stoxx Europe 600 index rising about 5%, contrasting with the US market [2] - Increased defense spending in Germany and other European countries led to significant gains in defense-related stocks, with Rheinmetall up 134.73% and Thales up 91.48% [2] - Analysts suggest that many US stocks, particularly in tech, are overvalued, while energy, healthcare, and utility sectors are undervalued, indicating a potential shift in investment focus towards international stocks [3]