European markets set to nudge higher after U.S. GDP beat expectations

Posted by Admin January 27, 2023 World

These 6 global ETFs are the only ones to have posted gains every year for the past five years

Only six global stock ETFs have consistently posted yearly gains over the past five years, according to new analysis by CNBC Pro.

They are the only funds among 7,000 equities ETFs trading worldwide to:

Not have a single year of negative returns between Jan. 1, 2018, and Dec. 31, 2022;
And be in positive territory this year so far.

CNBC Pro subscribers can read more here .

— Ganesh Rao

European markets: Here are the opening calls

European markets are heading for a mixed open on Friday, mainly continuing Thursday’s positive momentum after start of year rally stalled this week.

The U.K.’s FTSE 100 index is expected to open 5.5 points higher at 7,768, Germany’s DAX 16 points higher at 15,142 and Italy’s FTSE MIB 50 points higher at 26,308. However, France’s CAC was seen down 4.5 points at 7,092, according to data from IG.

Earnings come from H&M and Signify. French consumer confidence data for January will also be released.

— Jenni Reid

Buy the dip? Top Morningstar strategist names 3 stocks trading at a steep discount

This year is shaping up to be a “tale of two halves,” according to Dave Sekera, chief U.S. market strategist for Morningstar.

While the U.S. market is likely to stay volatile in the first half of this year, he told CNBC’s “Street Signs Asia” last week that he expects a sustained rally in the second half.

CNBC Pro subscribers can read more here .

— Weizhen Tan