Investors Are Too Busy Buying the Dip to Read the Fine Print
This article is for subscribers only.
Investors may be too busy buying the dip to worry about the fine print of this week’s upbeat headlines.
The Stoxx Europe 600 rose 0.6 percent in mid-morning trading, extending its two-day gain to 1.6 percent and wiping out last week’s declines. Cyclical shares have led the rally, with the trade-sensitive auto sector topping performance charts on Tuesday.