September Rise Fuels European Markets' Gains
European stock markets improved on their second-quarter performance in the third quarter, but the region is still delicately balanced.
European stock markets improved in the third quarter over their performance in the preceding period, but that was made possible only as late as September, after the U.S. Fed spurred somewhat of a global rally, albeit a short one, when it said it would stick to its bond-buying plan, quelling fears about a tapering of the program.
But for the most part, the region's bourses turned in another indifferent performance, falling back into the same stop-start pattern seen during the height of the Greek debt crisis about a year earlier.
Rouhan Sharma does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.