Investors warm to Europe as Biden lead, virus fears rattle Wall Street
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LONDON (Reuters) - European stocks look poised to make up ground on Wall Street in the second half of 2020 as Joe Biden consolidates his lead over Donald Trump ahead of the November U.S. presidential election and a surge of new COVID-19 cases threatens the U.S. economic recovery.The U.S. stock market has consistently outperformed Europe since the 2016 election of Trump, which was followed by a rally widely dubbed the 'Trump bump'.Fund flows suggest a shift in sentiment. Bank of America's latest..