European stocks are expected to open cautious amidst an anxious wait to the U.S. Fed's virtual conference later in the week. The Fed speakers are widely expected to indicate a plan for gradual roll-back of the massive asset purchase programs that have served as stimulus for economic growth as pandemic ravaged world economies.
Overnight, the U.S. benchmarks had closed with modest gains as sentiment lay tethered to talks of the tapering timeline. Nasdaq-100 had closed at 15357.68, around 0.29 percent better than the previous close whereas Dow Jones Industrial Average ended at 35366.36, higher than the previous close by just 0.09 percent.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.