When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
Asian stocks are mixed
On Monday, Asian stocks were mixed with China markets unavailable for a holiday as well as regional data not providing a clear direction for financial markets.
The S&P/ASX 200 headed south 0.25%.
Australian coal haulage group Aurizon Holdings reported that damage from Cyclone Debbie in Queensland could cover some rail lines employed by miners. Stocks of Aurizon Holdings dipped 0.38%, BHP Billiton sank 0.12%.
Japan's Nikkei 225 rallied 0.36%.
On Monday, financial markets in Shanghai are unavailable for a holiday.
The previous week, American shares closed lower, as a raft of mostly negative economic reports applies pressure on upside momentum and financials lagged.
During the last day of the month, the Dow concluded the trading session in negative territory and the benchmark suffered its first monthly loss since October, right after the latest batch of economic news disclosed a slowdown in personal spending as well as consumer sentiment.
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.