Stock markets in the US and EU are expected to positively evaluate the decision of the House of Representatives in the US, last Saturday (20.04.24) in favor of military aid for Ukraine, Israel and Taiwan.
After a tumultuous week on the stock markets due to concerns about further escalation in the Middle East, investors in the US and Europe are hoping for an improvement.
Guidance from other trading centers and a manageable forward situation give hope for near-term stability, Handelsblatt notes.
The DAX lost 0.6% on Friday (19.4.2024), closing at 17,737 points. The leading index could benefit from a rally in Asian prices at the start of the new week. In pre-session trading, the Dax is slightly higher at around 17,800 points.
Trading cues on Wall Street are also positive. Overall, the number of known dates in advance that could affect stock prices is low today (22.4.2024). Although SAP, one of the DAX heavyweights, will present new quarterly figures, these will not be published until late in the evening.
