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Download this month’s Europe Index Dashboard.
Highlights include:
- The Europe 350 index closed today at its highest level since January 2008. Utilities continued their year-to-date outperformance, providing the leading sector for Europe in May.
- The decrease in tensions in the Ukraine as well as a major deal with China on natural gas resulted in a material gain for Russian equities: the broad market index is up 11% in local terms for May.
- Eurozone sovereign yields fell further as Portugal exited its bailout program while volatility measures in Europe and in the U.S. fell.
