When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
Financials get EU stocks off to sturdy start
On Monday, European shares leapt, with leading banks and utilities, as acquisitions and mergers rumbled on with some broker notes also backing individual stock moves.
The STOXX 600 gained 0.4%, soaring in concert with euro zone shares as well as blue-chips. Meanwhile, strong revenues in banks spurred the benchmarks, while basic resources showed poor performance.
Outside the key blue chips, British midcap construction support services company Carillion managed to grabbed investors’’ attention after a revenue warning and CEO exit sent its stocks dipping almost 40% in heavy volumes.
Carillion stocks appear to be among the most heavily shorted across the British market with hedge funds including Marshall Wace as well as Naya Capital announcing sizeable bearish bets, as FCA disclosure data states.
Meanwhile, Germany's DAX went up 0.6%, maintaining an edge over counterparts after both export as well as import figures were stronger than expected, with a bigger soar in exports contributing to the trade surplus of the EU’s key economy.
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.
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.
The United States Bureau of Labor Statistics will publish the US Consumer Price Index (CPI) m/m on January 12 at 15:30 GMT+2. The index measures a change in the price of goods and services purchased by consumers.