Stock markets in Europe are expected to open on a positive note on Tuesday amidst expectations of a de-escalation in global trade tensions. Renewed hopes of another rate cut by the Federal Reserve in September also supported sentiment. However, concerns over the U.S. tax bill are also expected to sway sentiment.
Wall Street had closed on a positive note on Monday amidst renewed hopes of resolution of trade related disputes between the U.S. and its trading partners. The Dow Jones Industrial Average added 0.63 percent to finish trading at 44,094.77. The Nasdaq Composite also rallied 0.47 percent to close trading at a record high of 20,369.73.
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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.