When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
Asian equities surge as market appreciates Fed meeting
On Monday, Asian equities soared led by the Hang Seng index because market sentiment on the global economic outlook was still firm ahead of an American key bank gathering this week.
The Nikkei 225 rallied 0.52%, while the Hang Seng tacked on 1.04%. Additionally, the Kospi leapt 1.0%. Meanwhile, in Australia S&P/ASX 200 earned 0.50%, the Shanghai Composte jumped 0.25%.
The Federal Reserve Open Market Committee is expected to have a two-day gathering slated for September 19-20, and the members are supposed to hold steady. Investors are waiting for initial details on winding back the Fed’s balance sheet.
The previous week, the ascend on Wall Street kept unrolling as American equities notched a weekly revenues on Friday notwithstanding data disclosing a sudden sag in retail sales the previous month tapering hopes for firm third quarter economic surge.
The Dow Jones Industrial Average concluded higher showing 2268.34. As for the S&P 500, it leapt 0.18%, the Nasdaq Composite concluded at 6448.47, ascending 0.30%.
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.
Saudi Arabia agreed to cut oil production. What will happen with the oil price now?
The situation on the labor market still looks optimistic. Today we expect the Unemployment rate data. 3.5% is expected.
The first day of June should’ve brought us the US default. Unsurprisingly, the US House passes the debt ceiling bill at the latest possible moment.