When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
American futures tack on as countdown on government shutdown starts
On Friday, Wall Street was braced for starting higher because Congress rushes to approve a spending bill and dodge a government shutdown.
The S&P 500 futures rallied 0.30% hitting 2,804.75, while Dow futures soared 0.37% reaching 26,038.0. At the same time tech heavy Nasdaq 100 futures inched up 0.48% demonstrating a reading of 6,846.00.
Telecommunications company Nokia appeared to be among the top winners in pre-market trade, soaring 1.45%. Meanwhile, payments company Square Inc inched up 3.82%, while beer company Anheuser-Busch Inbev SA rallied 1.13%.
Aside from that computer manufacturing company IBM went down 3.03% notwithstanding posting a soar in surge for the first time for 22 quarters. As for health company GNC Holdings Inc, it slumped 1.14%, and HSBC Holdings declined 0.49%.
In the European Union, Germany’s DAX gained 0.99%, France’s CAC 40 added 0.49%, while Britain’s FTSE 100 soared 0.28%.
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.