Shares were mixed in Asia on Wednesday after U.S. stocks rose to records despite President-elect Donald Trump’s latest talk about tariffs, which caused only ripples on Wall Street. Tokyo’s Nikkei index fell nearly 1%,

Large-cap U.S. stocks have outperformed virtually all comers over the past 15 years. According to some of the world’s largest investment banks, that is unlikely to change in 2025.

One stock-split stock has been a disappointment this year. However, it could crush the market over the next 12 months, according to Wall Street.