When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
American futures point to Wall Street revenue
On Monday, American futures pointed to an upbeat opening bell notwithstanding political tension in Spain.
The S&P 500 futures gained 0.04%, Dow futures rallied 0.15%. As for tech heavy Nasdaq 100 futures, they leapt 0.09%.
The leading gainers before the morning bell included a bank HSBC Holdings PLC ADR that managed to earn 0.14% as well as a mining company AngloGold Ashanti Ltd that grew 4.23%. Additionally, Chinese e-commerce giant Alibaba jumped 0.14% right after it told it would start seven research and development centers in Russia, America, China, Israel and Singapore.
The American arm of Spanish bank Santander happened to be among the key losers in pre-market trades, losing 1.82% due to political uncertainty.
Besides this, Lloyds Banking Group slumped 0.56% because a case over the company’s HBOS takeover during the financial downtime will be in court this week.
France’s CAC 40 jumped 0.15%, Germany’s DAX added 0.17%, while London’s FTSE 100 gained 0.11%. As for the pan-European Euro Stoxx 50, it decreased 0.03%.
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.
Main news that will drive the market in the upcoming week include CB Consumer Confidence Index, Canadian GDP, and US Core PCE Price Index
The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.
Every week we expect many interesting events that can shake the market.