The European stock markets closed on a positive note, with the DAX and CAC of France showing an increase in value. Despite the absence of major news and Wall Street’s closure for Memorial Day in the USA, the markets saw only slight gains. Analysts at Lombard Odier provided a positive outlook for global stocks, emphasizing potential growth and profits.
In Europe, trading opened with slight decreases, while Asian markets saw sharp gains. Oil prices fell for the fourth consecutive week due to various factors such as Fed decisions and concerns about oil demand. The US stock market faced temporary pressures due to slower economic activity.
At the end of trading in Europe, both the French CAC and DAX showed a rise. The US bond market showed a low risk premium on long-term bonds, while gold prices fluctuated due to geopolitical tensions and economic data. The S&P 500 index rose in the first 100 days of 2024 based on historical data, with expectations for continued growth.
Analysts predict continued growth in the stock market for the remainder of the year. However, changes in investor behavior and risk-taking could lead to unusual market dynamics. Elon Musk’s proposed bonus at Tesla faces shareholder opposition, while Israeli companies on Wall Street will be publishing reports as well.
