Stock markets in Europe are expected to open on an emphatically positive note on Wednesday. Optimism over a potential U.S.-Iran peace deal signaled by President Donald Trump, that has lifted market sentiment globally is expected to be reflected in the European markets also. Markets are also expected to cheer the announcements regarding U.S. pausing Project Freedom and ending of combat operation against Iran.
Wall Street had closed on an emphatically positive note on Tuesday amidst a de-escalation in tensions in the Middle East and strong corporate results. The tech-heavy Nasdaq Composite surged 1.03 percent to close trading at 25,326.13. The S&P 500 rallied 0.81 percent to finish trading at a record high of 7,259.22. The Dow Jones Industrial Average also added 0.73 percent to finish trading at 49,298.25.
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