Even for Tech Exposure, Europe Is the Market to Be in Right Now

Bloomberg European stocks’ outperformance over the US has taken a surprising turn this year, with technology names in the driving seat. Technology is the best-performing Stoxx Europe 600 index sector in January, up 10%. That’s a sharp contrast to the US, where the S&P 500 Information Technology Index is little changed. Most Read from Bloomberg A key reason why European tech is burning brighter is its heavy exposure to chip equipment names. ASML Holding NV, ASM International NV and BE Semiconductor In ...