Market Strategists Say European Equities Have Already Peaked

It’s not even March yet and strategists are saying this week’s record high for European stocks is as good as things will get for investors this year, according to a Bloomberg survey.

The Stoxx Europe 600 Index will finish 2026 little changed from Wednesday’s all-time high of 630 points, according to the median of 17 forecasts in the poll. Supportive tailwinds for the region’s stocks have largely already played out, while expectations for double-digit increases in company earnings appear demanding, strategists said.