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Swiss Blue‑Chip Stocks Outperform Euro Stoxx Amid AI Bubble Concerns
AI bubble concerns are prompting investors to move into Swiss equities. In October, Swiss blue‑chip stocks led their euro‑area counterparts by nearly eight percentage points, the widest gap since March 2020. The Swiss Market Index rose 4.6 % during the month, while the Euro Stoxx 50 fell 3.2 %. Bloomberg attributed the divergence to three forces that are encouraging risk reduction across Europe.