1 hour ago
European stocks start lower
European stocks fell early on Monday, with the benchmark Stoxx 600 index down 0.4%.
Most sectors except oil and gas fell, with Britain’s energy-heavy FTSE 100 index down just 0.3%, while Germany’s DAX and France’s CAC 40 fell 1% and 1.1%, respectively.
See chart…
STOXX 600 index.
6 hours ago
CNBC Pro: Forget the US: Pro says another top market looks cheap and offers ‘best’ opportunity
Attractive returns and breadth of opportunity are among the many reasons the United States has long held the top spot for investors.
But one strategist says valuations in other markets are far better right now.
CNBC Pro subscribers can read more here.
— Amara Balakrishna
6 hours ago
CNBC Pro: How to invest $1 million in the next 10 years, according to the pros.
The next 10 years will be different for investors than the past 20, according to investment advisers and asset managers.
Charles Henry Montchaux, chief investment officer at Swiss private bank Syz, said investors risk making long-term decisions with “cognitive bias” Investors are urged not to extrapolate too much from recent history.
Jamie Cox, Financial Planner Harris Financial Groupbelieves international stocks will outperform U.S. stocks over the next decade as rising interest rates and inflation change market dynamics.
The two share with CNBC Pro their thoughts on how an investor with $1 million should invest it over the next 10 years.
Subscribers can read more here.
— Ganesh Rao
4 hours ago
European Market: Click here for opening call
European markets are expected to open mixed on Monday.
The UK’s FTSE 100 index is expected to open 2 points higher at 7,498, Germany’s DAX is expected to drop 58 points to 15,170, France’s CAC is down 24 points to 7,040 and Italy’s FTSE is expected to open 2 points higher at 7,498, according to IG data. MIB is expected to drop 37 points to open at 27,770.
The statistical announcements include Germany’s industrial production for August and Ukraine’s inflation statistics for September.
— Holly Ellyatt