Wild 2020 Ride May Turn to Gains for Europe Stocks Next Year
- Strategists predict 6.6% gain in the Stoxx 600 through 2021
- That estimate is above the 10-year average for European stocks
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2020 will go down as one of the most dramatic years in European stock market history. The expert view for 2021: don’t expect any more fireworks.
The average forecast from strategists is that the Stoxx Europe 600 Index will climb 6.6% from Wednesday’s close. After a year that’s seen the index plummet 36% in just a few weeks and then claw back most of those losses, it’s an outlook that seems downright undramatic.