European stocks may open on a steady note Thursday after the bill to raise debt limit and cap government spending in the U.S. was passed by a wide margin on late Wednesday, days before the world's biggest economy is due to start defaulting on its debt.
The U.S. Senate must vote on the bill later this week before President Joe Biden can sign it into law.
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Market Analysis
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.