The money coming out of European stocks flows into U.S. stocks, according to TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer.
Coke said Friday that it will purchase the Costa brand of coffee stores, the world's second largest behind Starbucks for around $5 billion from U.K. pub and hotel operator Whitbread plc.
Shares of German luxury automaker BMW jumped on the news.
Looking for a reason to sell stocks at these inflated levels? Take a look at how the big European banks are performing.
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