When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
Asian equities rally driven by US close last week
On Monday, Asian equities surged, taking a cue from the American close the previous week.
The Nikkei 225 edged up 0.31%, Australia's S&P/ASX 200 soared 0.14%.
The Shanghai Composite tacked on 0.40%, the Hang Seng index added 0.50%.
Obayashi Corporation demonstrated a 7.19% tumble. The move was caused by a report from local newspaper Asahi Shimbun telling that prosecutors suspected that the company dealt with bid-rigging.
This week the Fed meets and the key US bank is generally believed to raise interest rates by a quarter point. As for the BoE, ECB and as well as the Swiss National Bank, they will also have monetary policy meetings, with no changes expected.
The previous week, the Dow Jones industrial average rallied 117.68 points hitting 24,329.16. Additionally, the S&P 500 soared 0.6% closing at 2,651.50. Besides this, the Nasdaq composite ascended 0.4% being worth 6,840.08 because stocks of Netflix, Amazon and Alphabet grew.
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.
The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!
The United States has one week before default, and NVIDIA may become the next Tesla. What else drives the market?
Some progress in US debt ceiling talks is made, and the PMI data is out.