When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
Asia shares mostly sink
On Tuesday, Asian stocks were mostly weaker, with Sydney rising moderately to buck the trend and traders looking to Tokyo for the final word on Toshiba.
The Shanghai Composite dipped 0.46%, the Hang Seng Index edged down 0.81%. Japan's Nikkei 225 headed south 0.55%.
As the Wall Street Journal informed, Foxconn offered $27 billion for Toshiba's memory chip unit. The previous month Toshiba put its NAND flash memory unit up for sale in an attempt to offset billions of losses from its American nuclear energy unit Westinghouse.
South Korea's Kospi lost 0.58%. Worries over geopolitical tensions keep building on the Korean Peninsula after America deployed a carrier strike group closer to the region. Joint Amerian-Korea military drills will last till the end of the month.
Australia's S&P/ASX 200 grew 0.08%.
The Dow Jones Industrial Average concluded 0.01%, hitting 20,658. The S&P 500 soared 0.07%, the Nasdaq Composite gained 0.05%, reaching 5880.93.
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.
As Europe moves into recession, next week may provide us with some amazing trading opportunities. Here they are!
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.