By Michael Msika and Jan-Patrick Barnert, Bloomberg market live reporters and strategists
The stock market’s bounce back is volatile and narrow in breadth, signs of a less healthy advance.
That bodes well for a “dip a toe” approach to stock picking, instead of diving back in. Some 95% of the European benchmark’s members are above their 10-day moving average, a rare event that often indicates the easy gains have already happened. President Donald Trump’s softer rhetoric on tariffs helped lift Europe’s Stoxx 600 index to the highest level since early April, while the S&P 500 just had its best week of 2025.
