[ad_1]
2 hours ago
After a winning week, stocks start falling
2 hours ago
Dassault Aviation up 5.5% on stock upgrade
Dassault Falcon 2000 taking off.
Getty Images
Shares in French military and business aircraft maker Dassault Aviation outperformed afternoon gains after analysts at BNP Paribas Exanne upgraded the stock from “neutral” to “outperform.”
The company’s shares were up 5.5% as of 1pm on the London market.
In its 2023 financial results released earlier this month, Dassault Aviation expects revenue to increase next year.
— Jenny Reid
4 hours ago
Despite some disappointment in inflation data, markets are keen on rate cuts: Strategists
Steve Englander, global head of research and chief strategist at Standard Chartered, discussed why the Federal Reserve wants to cut interest rates this year despite continued inflationary pressures.
5 hours ago
Oil stocks rise as crude oil prices rise
See chart…
ICE Brent crude oil,
European oil and gas stocks rose 0.3% on Monday, while most sectors fell.
Stocks are tracking the rise in oil prices, with ICE Brent crude oil futures expiring in May up 0.83% per barrel as of 10:37 a.m. in London amid geopolitical tensions and concerns over U.S. supplies. It became $86.14.
— Jenny Reid
6 hours ago
Stock prices are moving: Direct Line, Delivery Hero are falling
See chart…
Direct Line stock price.
Shares in British insurer DirectLine rose at 9 a.m. London time after Belgian insurer Agus announced on Friday that it would not make an offer for the company after two attempts to negotiate with DirectLine’s board. It has fallen 12.6% since then. Ageas shares rose 1.5%, hitting a one-year high.
Shares in Germany’s Delivery Hero fell 4.1%. The company announced Monday that Chief Financial Officer Emmanuel Thomasin will retire at the end of September 2024 after 10 years in the role.
Meanwhile, Fintech Wise announced that Thomasin will join the company as its new CFO in October.
— Jenny Reid
7 hours ago
European stocks open mixed
European stock markets opened mixed on Monday as traders entered a shortened trading week.
As of 8:11 a.m. in London, the benchmark Stoxx 600 was up 0.07%, Germany’s DAX was up 0.15% and Britain’s FTSE 100 was up 0.07%. France’s CAC40 was flat.
See chart…
STOXX 600 index.
16 hours ago
CNBC Pro: These 5 stocks are outperforming the S&P 500, and analysts expect them to rise even more
Even after a very strong 2023 in which the S&P 500 surged about 24%, the market is still red hot.
The S&P 500 index is up about 10% since the beginning of the year, and actually hit a new all-time high in March.
Many stocks are soaring and beating the broader market, but do some companies still have a chance to survive?
CNBC Pro used FactSet to select stocks from the S&P 500 and Vanguard FTSE All World Ex-US ETFs that have outperformed the market so far this year and are favored by analysts.
Only five stocks rose from the S&P 500 screen.
CNBC Pro subscribers can read more here.
— Tan Weizhen
16 hours ago
CNBC Pro: Here’s where you can invest $1 million right now, according to the pros
The market is booming and investors may be wondering what to buy right now.
What’s more, there are calls for investors to exit cash if interest rates fall.
If you had $1 million to invest right now, what should you buy?
CNBC Pro asked fund managers and wealth advisors how they allocate that money in their portfolios. Recommendations range from technology to AI capability needs to stock portfolios for “moderately aggressive” investors.
CNBC Pro subscribers can read more here.
— Tan Weizhen
10 hours ago
European Market: Click here for opening call
European markets are set to open in mixed territory on Monday.
According to IG data, the UK’s FTSE 100 index is expected to open 8 points lower at 7,925, Germany’s DAX is expected to rise 18 points to 18,231, France’s CAC is up 5 points to 8,155 and Italy’s FTSE MIB is expected to open 8 points lower at 7,925. It is expected to open at 33,813, up 26 points.
The data release includes the UK’s fourth quarter gross domestic product (GDP) figures.
— Holly Ellyatt
[ad_2]
Source link
