Chart of the Day - Wednesday, February 11, 2026

🏆 Today’s Chart of the Day was shared by Mark Ungewitter (@mark_ungewitter).
 

• International equities ex-U.S. ($VEU) continue to outperform U.S. stocks, posting one of their strongest starts to a year in the past four decades.
   
• After breaking a multi-year downtrend versus the S&P 500, Mark notes that $VEU is showing a clear change of character, with confirmation coming on a breakout above the October ’22 lows.
   
• The U.S. dollar is also testing its range lows, and a loss of support likely accelerates the move in international stocks, as $VEU closed at record highs today.

The Takeaway: International equities remain an area of relative strength, with the potential for further outperformance.