European markets are heading for a higher open after closing a downbeat month.
European stock markets are on course for a cautious open on Friday, according to IG data.
The U.K.'s FTSE 100 is seen opening 4.5 points higher at 7,451, with Germany's DAX up by 4 points to 15,976 and Italy's MIB up 17.5 points to 28,909. However, France's CAC is seen slipping by 3.5 points to 7,329.CNBC Pro: September is the cruelest month for stocks. The pros share their trading tips — and what to buyThe pros weigh in on how investors can trade in the month ahead and share stocks to buy.The People's Bank of China announced Friday that starting from Sept.
The cut follows a number of reductions to various interest rates in the last several weeks in an effort to shore up the economy.against the U.S. dollar at 7.1788, a touch stronger than the 7.1811 on Thursday, according to Wind Information.Evelyn ChengDividend stocks aren't evergreen, but investing in them over several years can pay off, according to one portfolio manager.
Their underperformance this year presents an opportunity, said Ben Kirby, who is also co-head of investments at Thornburg Investment Management.
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