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European stocks open mixed as investors assess global data, earnings

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European stocks opened mixed Friday, with earnings and the state of the global economy keeping sentiment on edge.

High-yielding stocks have been doing well despite rising interest rates, according to AllianceBernstein.

The asset management firm said it's 'premature' to call a peak in rates or bond yields, adding that it expects rates to stay 'high and stable' in the short term, and noted that European high equity yield has done well in 'similar scenarios.' Subscribers can read more here . — Amala Balakrishner

 

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