April 21, 2024
Stock Market

stocks, news, data and earnings

5 Hours Ago

CNBC Pro: A ‘good year’ for stocks: Morgan Stanley’s Slimmon names 3 to buy right now

Equity markets have been having a pretty good year so far, with the S&P 500 benchmark closing above 5,000 for the first time last week.

“I think it is very encouraging because what it says is that earnings estimates for this year are not going down, and they’re potentially, probably going higher. And that’s important for the market,” Andrew Slimmon, managing director and senior portfolio manager and Morgan Stanley Investment Management, told CNBC.

Saying it’s going to be a “good year for equities,” Slimmon shared three stocks he likes.

CNBC Pro subscribers can read more here.

— Amala Balakrishner

5 Hours Ago

CNBC Pro: These are the only 2 ETFs that made money every year for the past decade

Two funds investing in defensive stocks are the only exchange-traded funds worldwide that had a positive return every year over the past decade, CNBC Pro research has found.

The two funds stood out among 8,300 equity ETFs worldwide screened by CNBC Pro. Both funds have more than doubled investors’ cash over the past decade.

CNBC Pro subscribers can read more here.

— Ganesh Rao

55 Mins Ago

European markets: Here are the opening calls

European markets are set to open in negative territory Monday.

The U.K.’s FTSE 100 index is expected to open 19 points lower at 7,692, Germany’s DAX down 44 points at 17,069, France’s CAC down 23 points at 7,745 and Italy’s FTSE MIB down 91 points at 31,716, according to data from IG. 

New car registration data for January from Italy, Germany, France, the Netherlands and U.K. are due Monday.

— Holly Ellyatt

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