Traders Sell Europe Stocks, Ignoring Improving Economy: Chart

Investors are still shunning European equities, even as a measure of economic sentiment is improving. The Euro Stoxx 50 Index has fallen 6.4 percent from its April peak, widening a gap with Citigroup Inc.’s economic surprise measure for the region. The gauge tracking the recovery has been rising steadily and is heading toward the zero level, which indicates that data are in line with forecasts.

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