
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
On Tuesday, American stocks were set for an upbeat trading day, a day after reporting records all around on ascending expectations that the highly anticipated tax bill will face its final signoff this week.
Futures for the Dow Jones Industrial Average YMH8 acquired 0.2% hitting 24,877, thus indicating another winning day for the blue-chip benchmark. By the way, on Monday, the Dow DJIA concluded at all-time maximum, which is its 70th record this year, beating the 69 records hit in 1995.
As for futures for the S&P 500 index, they gained 0.1% trading at 2,697.75, while futures for the Nasdaq-100 Index NQH8 soared 0.1% reaching 6,543.75.
On Monday, both the S&P 500 SPX as well as Nasdaq Composite Index COMP concluded at records.
Expectations that the Republicans’ key tax overhaul will be passed before Christmas spurred stock markets around the globe and it appeared to a key driver for Tuesday’s actions.
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
On Wednesday, September 22, Microsoft will be holding a product launch. The event starts at 18:00 GTM + 3.
Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
The US CPI will come out on Wednesday, May 11, at 15:30 MT time (GMT+3).
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