Despite a flurry of seemingly bad news equity indices remain in the champagne mood. A mix of US-China tensions and escalating street riots in US cities did little to change stock market sentiment. Monday is a public holiday in Germany but DE30 has managed to recoup all the morning losses and has just climbed to the highest level since 6 March. This market is nearly 49% up from the pandemic low and is testing local lows from October 2019.

Daily Summary: Unilateral Ceasefire Sufficient for Wall Street
US OPEN: Wall Street Shrugs Off Iran Concerns, Eyes Tesla Results
Chart of the Day 📈 S&P 500 extends gains, supported by CTA fund buying
Morning wrap 🗽Indices on Wall Street continue to rise as US–Iran ceasefire is extended (22.04.2026)