News Formal

European stocks open mixed as investors assess global data, earnings

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks lower with earnings in focus; Deutsche Bank up 7% after beating estimatesEuropean markets opened lower Wednesday after a slew of earnings both in the U.S. and Europe.
Source: CNBC - 🏆 12. / 72 Read more »

European stocks extend positive streak for second sessionSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Source: MarketWatch - 🏆 3. / 97 Read more »