(Bloomberg) — European equities are stuck near the same levels they were at two months ago, and if strategists are to be believed, that rut may drag on into the year-end.Equity strategists surveyed by Bloomberg on average expect the Stoxx Europe 600 to end 2020 at a level of 370, leaving little upside for European shares as of Tuesday’s close. They forecast a year-end level of 3,192 for the euro-area gauge Euro Stoxx 50, implying about 3% downside.After recouping more than half their pandemic-fueled losses in just three months, European stocks have stalled amid rising Covid-19 infection rates across the …read more
Source:: Yahoo Finance
