European Equities No Match for Strengthening U.S.
NEW YORK ( TheStreet) -- European stocks continue to lag U.S. stocks as the economies' paths diverge.
The Standard & Poor's 500 Index and German DAX stock index continue to move in opposite directions as the U.S. economy improves at a faster pace than before, and euro area fundamentals deteriorate.
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Chart provided by Trading Economics European inflation figures released on Friday provided further testament to weakness in the region. Consumer prices rose by just an 0.3% annual rate in August, according to official figures released by Eurostat, meeting expectations but marking a five-year low. That was down from 0.4% in July, and is significantly below the central bank's target of 2% growth. >>Read More: Cramer: What’s Working, What’s Not
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