The consistently higher returns of the U.S. stock market compared with its European and Asian counterparts year after year have led investors across much of the world to focus their attention on Wall Street, closely scrutinizing the performance of its indices and quarterly earnings seasons. With the S&P 500 delivering a return of over 100% in the past five years — compared with 56% for the Stoxx 600 or 12% for the Hang Seng — investors have been steadily increasing the share of U.S. stocks in their portfolios, while foreign companies, both listed and unlisted, look for ways to make the leap to the U.S. exchange.
Stock market exodus to Wall Street hits 20-year high
The U.S. exchange has become the go-to destination for foreign firms aiming to go public. About 50 European companies have listed there this year
