Growth in spite of anxiety

News for today, Wednesday, February 2

Positive February start for European stock indexes. Stoxx 600 concluded yesterday’s session with a 1,28% increase and is expected to open higher on Wednesday. The European market rises accordingly to other markets. In the US, the major indexes rose for the third day after January happened to be the worst month for S&P 500 since March.

The investors carefully spectate the Russia-Ukraine border conflict. Yesterday, Vladimir Putin said Western nations have ignored Russian security concerns, speaking of USA disagreed to recon with Russian demands over Ukraine and NATO. 

Alphabet has announced splitting its shares to 20-for-1 on Tuesday. Following the news, Alphabet stock rose 9% in after-market trading. A year and a half before, Apple split its shares 4-for-1. That means that Apple gave three shares to people who have already owned one share. Alphabet’s split will decrease the price of class A shares to 138 dollars. Alphabet’s single share hasn’t been that cheap since 2005.

The price of Brent crude is $89.61, WTI — $88.71, GBP/USD — 1.3531, EUR/USD — 1.1280, and gold costs $1800.85 per ounce.