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daily digest

2023-05-31 - Gevo Inc.session's growth on 21.43%. Buy PepsiCo Inc. shares to receive dividends

Wed, 05/31/2023 - 07:24

General market trends

The most notable movements based on Wednesday's results:

  • Stock futures were lower on Wednesday morning as investors monitored the federal debt ceiling debate. This political news impacts trading as it can cause volatility in the market, creating opportunities for traders to profit.
  • On Wednesday, futures tied to the Dow Jones Industrial Average dipped 111 points (0.34%), S&P 500 futures slid 0.28%, and Nasdaq 100 futures were down 0.25%

Previous session's movement leaders

The stocks showing the biggest growth were:

  • Gevo Inc. (+21.43%), a company developing bio-based alternatives to petroleum-based products.
  • Ideanomics Inc. (+18.37%), a global electric vehicle company.
  • Coinbase Global Inc. (+6.26%), the largest cryptocurrency exchange in the U.S.

Planned events

Corporate events

Last day to buy shares to receive dividends!

  • Upcoming events include the last day to buy PepsiCo Inc. shares to receive dividends on 1 June 2023.
  • Also, keep an eye out for quarterly reports from on 31 May 2023, after market close.

Macroeconomic events

On the macroeconomic front, watch for the Chicago PMI release on 31 May 2023. This index measures the economic health of the manufacturing sector in the Chicago area and can impact the USD exchange rate.

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