ASX among world's worst sharemarkets in 2025

US stocks rallied last week following central bank confirmation the economy was 'on track'. Moomoo Australia market strategist Jessica Amir explains that investors continue to disfavour tech stocks, with defensive sectors on the rise. This week US inflation and jobs data, as well as further tech companies' results are in focus. Today the ASX is rising, but is down 2.6% so far this year. Securities mentioned: VanEck Semiconductor ETF, Nvidia, Intel, Broadcom, XYZ