European Stocks Rally to Fresh Record, Bolstered by Earnings


Nicolas Domont, a fund manager at Optigestion in Paris, said he recently cut his US holdings to 50% from 70% and added more European shares. The latest Bank of America survey showed plenty of investors are making similar bets, with a net 35% saying they are overweight European equities relative to global markets, up from 9% just three months earlier. 



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