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AI and defense spending lead industrial surge

The European industrial sector is outperforming all other sectors this third quarter due to the overwhelming increase in demand for electrification.  According to Bloomberg Intelligence data, the MSCI Europe Industrials Index is expected to deliver 4.9% earnings-per-share (EPS) growth for the third quarter. By comparison, technology is forecast at 4.2% EPS growth, while communication services [...]

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