When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
Most Asian stocks post strong revenues with Nikkei rising more than 2%
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind.
The Nikkei 225 edged up more than 2%.
The S&P/ASX 200 edged up 0.57% in Australia. The Hang Seng Index edged up 0.35%, though the Shanghai Composite declined 0.92% on trade data. In general, in April Chinese exports jumped 8% year-on-year, which is below the 10.4% profit observed, while imports soared 11.9%, which is also below the 18.0% revenue expected for a trade balance surplus of $38.05 billion. It has surpassed the observed $35.50 billion.
The previous week, American shares were higher after Friday’s close because revenues in the Oil & Gas, Basic Materials as well as Telecoms sectors brought stocks up. Additionally, at the close in NYSE, the Dow Jones Industrial Average inched up 0.26% and the S&P 500 index soared 0.41%, the NASDAQ Composite index grew 0.42%.
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 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.
About 24% of global central banks intend to increase gold reserves in 2023. Rising inflation, geopolitical turmoil, and worries about interest rates are reasons to increase gold reserves.