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Tuesday, July 8, 2025
European markets set to start the new trading week on a positive note
Bitcoin falls below $16,000, lowest since November 2020 as FTX saga continues
CNBC Pro: One retail stock hits all-time high Bank of America thinks we’re still a ways off
While this year’s bear market has wiped trillions of dollars of market capitalization out of the stock market, some stocks have outperformed significantly during the period.
Bank of America has identified three retail stocks bucking this trend, one of which it says remains a buy.
Pro subscribers can read more here.
Xavier Ong
CNBC Pro: UBS says disinflation is coming, shares 8 global stocks to do it
Swiss bank UBS predicts a ‘sharp’ disinflation in 2023.
He said prices would fall next year due to weaker growth, along with “mechanical” indicators such as easing supply chain bottlenecks and rising commodity inventories.
The investment bank selected stocks that would benefit from such an environment.
CNBC Pro subscribers can read more We’ll discuss their predictions and eight stocks they’ve highlighted from their list.
Ganesh Rao
European Market: Click here for the opening call
European markets are set to open in positive territory on Monday, with global markets continuing to rise from last week’s US inflation. This indicates that October price gains were weaker than expected.
The UK’s FTSE index rose 13 points to 7,338, Germany’s DAX rose 45 points to 14,283, France’s CAC rose 30 points to 6,627 and Italy’s FTSE MIB fell 136 points to trade at 24,459, according to IG data. expected to start.
The data release includes Eurozone industrial production figures for September. I don’t have a big income.
Holly Eliyat
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