Trump’s Dollar ‘Yo-Yo’ Has Stock Investors Looking Overseas

Group 1 - The weakening dollar presents both opportunities and challenges for the US stock market, benefiting exporters and multinational companies while making American assets less attractive to investors [1][2][3] - A notable shift in investor focus is expected towards export-oriented US stocks, which have significantly outperformed the broader market since April 8, with a 70% increase compared to 39% for the S&P 500 [4] - Companies like Lam Research Corp., Freeport-McMoRan Inc., and News Corp. are highlighted as beneficiaries of a weak dollar, while firms such as Dollar General Corp., Nucor Corp., and Union Pacific Corp. may face challenges due to their reliance on a strong dollar [5] Group 2 - The weak dollar is driving a rotation from US stocks to international equities, with European and Japanese markets showing higher returns compared to the S&P 500, which has only gained 1.4% in 2026 [6]