尽管存在关税、人工智能竞争和美国通胀担忧，但全球股市仍表现出韧性。 Global equities show resilience despite tariffs, AI competition, and U.S. inflation concerns.

投资者面临各种挑战,包括关税、AI进步和美国通货膨胀,但全球股市仍然具有复原力,许多市场全年更新。 Investors face challenges including tariffs, AI advancements, and U.S. inflation, yet global equity markets remain resilient, with many markets up year-to-date. 美联储因通货膨胀顾虑而不愿降低利率。 The U.S. Federal Reserve is hesitant to lower interest rates due to inflation concerns. 中国AI模式的优异表现引发了对美国科技投资的疑问。 A Chinese AI model's superior performance raised questions about U.S. tech investments. 尽管经济存在不确定性,但全球股票对未来收入增长表现出信心,尽管投资者被劝要保持谨慎。 Despite economic uncertainties, global equities show confidence in future earnings growth, though investors are advised to remain cautious.