Investing in Europe: Germany falters as UK picks up

European stocks have been on a bull run this year, with investors looking to diversify beyond the U.S. amid volatility sparked by President Donald Trump's trade policies. But the region's outperformance over the U.S. has narrowed over recent weeks, with Wall Street's major averages recovering from the so-called "Sell America" trade to touch fresh all-time highs . At the same time, there has been a shift among Europe's major bourses. In the spring, headlines were dominated by Germany's stock market, which rallied as investors cheered what became known as Germany's "fiscal bazooka." While American equities sold off, the DAX — Germany's benchmark index — surged. .GDAXI YTD line DAX index However, its outperformance against the U.S. has narrowed over the course of the year, with the index shed