MARKETS_ U.S. Stocks Widen Lead Over Rest of the World

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MARKETS

U.S. Stocks Widen Lead Over Rest of the World

U.S. shares are trading at their highest premiums to international counterparts in years


Confidence in the domestic economy has driven up U.S. stock indexes as growth has cooled in the eurozone and emerging markets. Photo: Richard Drew/Associated Press


By Akane Otani
October 1, 2018
7 COMMENTS


U.S. stocks are trading at their highest premiums to international shares in years, reflecting bets among investors that the domestic economy will keep powering past its peers around the world.

After a tepid first half of the year, the S&P 500 surged 7.2% in the third quarter, its biggest gain since the end of 2013.

Investors credit the latest leg of the rally to faith in the U.S. economy, which has shown fresh vigor this year even as growth has cooled in the eurozone and emerging markets.

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READ MORE: https://www.wsj.com/articles/u-s-stocks-widen-lead-over-rest-of-the-world-1538386227


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