The rally in global equity markets has continued in February with key benchmarks inching closer to their record highs. Strong economic data around the world were improving the outlook for global growth.
Promises of US president Donald Trump are still moving the markets: After his renewed statements to bring back millions of jobs and market-friendly policies, US stocks continued to climb. Health care stocks performed the best, as Trump proposed to reduce federal regulation and to streamline the approval process. This will potentially make it easier for pharmaceutical companies to bring new products to the market.
As European markets due to signs of stabilization and continued growth become more and more attractive to investors, the demand for indices that represent this particular region more thoroughly has increased. The STOXX Europe 600 index covers about 90% of the free-float market cap of the developed European equity market and is, therefore, a broad and easily tradable option in this regard.
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STOXX Monthly Index News: Trump’s Promises Still Move Global Markets
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