U.S. jobs report, PMI surveys, last batch of earnings will be in focus this week.Dollar Tree is a sell with downbeat earnings, guidance on deck.Dow Jones Industrial Average
Most important on the economic calendar will be Friday’s U.S. employment report for May, which is forecast to show the economy added 185,000 positions, compared to jobs growth of 175,000 in April. The unemployment rate is seen holding steady at 3.9%.Meanwhile, Fed officials will be in a blackout period ahead of the U.S. central bank’s policy meeting scheduled for May 1.
According to the proposal, each stockholder of record as of the market close on Thursday, June 6, will receive a ‘dividend’ of nine additional NVDA shares after the close on Friday, June 7.) will then begin trading on a ten-to-one stock split basis when the market opens on Monday, June 10, essentially making shares cheaper by a tenth of what they used to be.
It should also be noted that Nvidia’s stock split could potentially pave the way for the semiconductor company's inclusion in the Dow Jones Industrial Average. The AI poster boy reported blockbuster results for the first quarter last month thanks to unprecedented demand for its H100, A100, and new Blackwell graphics processing units .
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