
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, Asian stocks slumped because traders watched for tax reform developments in America and digested poor manufacturing data from China. Japan's Nikkei 225 stock index stood still being worth 22,380.01 having traded in rather a narrow margin.
Hong Kong's Hang Seng index was intact too, showing 29,177.14. Australia's S&P/ASX 200 lost 0.9% trading at 5,968.70. In South Korea, Kospi decreased 0.2% being worth 2,526.65. As for the Shanghai Composite index, it lost 0.5% trading at 3,429.74. However, equities in Taiwan as well as Southeast Asia mostly grew.
The Standard & Poor's 500 index tacked on 0.1% hitting 2,584.84. The Dow Jones industrial average managed to rally 0.1% trading at 23,439.70. Additionally, the Nasdaq composite acquitted 0.1% reaching 6,757.60. The Russell 2000 index of smaller-company stocks stood still demonstrating 1,475.07. More equities went down than grew on the New York Stock Exchange.
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 Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
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