Roxana Zega

Even as a recent equity rally has shown signs of fading in the past three weeks, small caps across Europe are holding gains, pushing a gauge tracking them to a two-year high versus larger companies. The Euro Stoxx Small Index has jumped 13 percent since a Feb. 11 low, while declines in banks and worries about global growth have trimmed the Euro Stoxx 50 Index’s rebound to 8.6 percent.

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