When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
American equities point to modestly lower start
On Wednesday, Wall Street futures declined. It’s because a fresh bunch of corporate earnings reports was set to be published amid strengthening uncertainty over a potential American tax reform plan.
Markets were quite jittery reacting to reports that a major corporate tax cut currently negotiated within US tax reforms plans could be postponed for one year.
Market sentiment has been spurred during in recent session by expectations that the American administration's tax cuts could drive the US economy. The bill can potentially become the greatest overhaul of the American tax system since the 1980s.
It would also appear to be the first key legislative win since Republicans “seized ” the White House and Congress in January, although doubts are still actual over the scale of borrowing required to fund the bill as well as the timetable for its passage this month.
The blue-chip Dow futures slumped 0.09%, while the S&P 500 futures declined 0.12%. Additionally, the tech-heavy Nasdaq 100 futures dipped 0.02%.
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.
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.
The United States Bureau of Labor Statistics will publish the US Consumer Price Index (CPI) m/m on January 12 at 15:30 GMT+2. The index measures a change in the price of goods and services purchased by consumers.