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Europe’s stock market is lagging behind the US by the most in nearly 30 years — a trend that’s likely to worsen as the election of Donald Trump drives a global preference for US assets.
Trump’s comprehensive victory is adding fuel to a US rally that has taken the S&P 500 index up 25% so far this year to record highs, whereas Europe’s benchmark Stoxx 600 has only managed gains of 5%. That underperformance in returns is the biggest since 1995, according to data compiled by Bloomberg.
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