Stock markets in Europe are expected to open higher on Monday amidst positive sentiment generated by strong corporate earnings from the tech sector. AI enthusiasm and hopes of further progress in U.S.-Iran peace talks has also bolstered market sentiment. Equity markets in U.K. are closed for a holiday.
Wall Street had closed on a mixed note on Friday amidst strong corporate earnings and a decline in crude oil prices. The tech-heavy Nasdaq Composite jumped 0.89 percent to close trading at a record high of 25,114.44. The S&P 500 also rallied 0.29 percent to finish trading at an all-time high of 7,230.12. The Dow Jones Industrial Average however slipped 0.31 percent to finish trading at 49,499.27.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.