US investors are taking notice of European stocks, and they like what they see, according to MarketWatch.

The victory by centrist Emmanuel Macron in France’s presidential election May 7, easily dispatching far-right euroskeptic Marine Le Pen, reassured many that the tide of anti-establishment sentiment sweeping across the UK and the US last year has ebbed — at least for now. Indeed, many investors appeared to have come to that conclusion well before the votes were cast in France.