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european markets attract investors amid pessimism and potential recovery signals
European markets are facing significant challenges due to political turmoil and tariff threats, leading to a record underperformance compared to U.S. stocks. However, some investors see potential for recovery, citing attractive valuations and possible catalysts like German stimulus and a rebound in China. Despite ongoing economic struggles, there is growing interest in European assets, particularly in sectors poised to benefit from improved conditions.
european stocks rebound as technology leads gains amid french political turmoil
European stocks rebounded, led by technology shares, as concerns eased over US semiconductor sales restrictions to China. However, political turmoil in France caused its stocks and bonds to underperform, with yields on French bonds nearing those of Greece for the first time. Meanwhile, the Brazilian real hit a record low amid disappointing government spending cuts, and US equity futures rose slightly ahead of the Thanksgiving holiday.
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