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3 items- NEWSFrench Stocks Set For Worst Week Since Russia's War In Ukraine, Yields Versus Bund Hit 12-Year Highs On Snap Election JittersThe French stock market is on track to register its worst weekly performance since late February 2022. Following the announcement of snap elections last Sunday, the Paris CAC 40 index — as tracked by the iShares MSCI France Index Fund (NYSE:EWQ) — fell by 2.4% at 8:10 a.m. ET, heading into the final hours of the European session. On a weekly basis, the decline extends to 6%, marking the worst performance since late February 2022, when Russia’s invasion of Ukraine triggered a drop of over 10% for the CAC 40. Chart: France Equities Tumble The Most Since Russian Invasion Of Ukraine Risks Of Broader Contagion The main declines this week are among banking stocks, hit by the wav
- NEWSBenzinga Pro's Top 5 Stocks To Watch For Friday, March 24, 2023: C, EUFN, RH, JEF, BNEDCitigroup (C) - The US big bank with its shares down the most amid the concerns with Deutsche Bank (DB). A report early Friday morning suggested the cost of insuring Deutsche Bank from a default suddenly spiked. Citi shares were down about 2%; Deutsche Bank shares were down about 8%. iShares MSCI Europe Financials ETF (EUFN) - An exchange-traded fund (ETF) to gain exposure to Eurobanks. The ETF sees some good volume each trading day, an average of over 1 million shares traded. RH (RH) - A play on upcoming earnings out of this luxury home goods retailer. RH will report quarterly results on Wednesday after market close.
- NEWSThis Hedge Funder With Over $197B Under Management Just Increased His Stake In 2 High Yielding ETFsKen Fisher founded Fisher Asset Management in 1979, and now has north of $197 billion in assets under management, with more than 100,000 clients around the world. Fisher Asset Management is a fee-only investment adviser and money management firm serving large institutions, high-net-worth individuals, and small business retirement plans globally. Fisher is currently the executive chairman and co-CIO, after stepping down from the role of CEO, a position he held for 37 years. Additionally, Fisher began writing a monthly column for Forbes in 1984, around the same time his bestselling book "Super Stocks" gained massive attention. Fisher wrote the "Forbes Portfolio Strategy" column for over 32 ye