Categories: Finances

Stoxx 600 banks index and the Magnificent Seven

The Stoxx 600 banks index has returned more than 100 per cent since the start of 2022, while the so-called Magnificent Seven of US tech groups returned about 90 per cent over the same period. A Lex note on February 13 incorrectly stated that the bank index had returned 200 per cent while the Magnificent Seven had returned 190 per cent.

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