Wednesday brings a continuation of a strong rally on European indices. This is the fourth day of strong gains and despite concerning news of unrest in Hong Kong indices keep soaring higher – close to 2% up for DE30, FRA40 and EU50. DE30 is up a massive 46% from a pandemic low in March! Looking at DE30 the level to watch is 11830 – a local low from October 2019.

Daily Summary: Nasdaq 100 Up 3.2% – Is the Bull Market Back? (04.08.2026)
US Open: S&P 500 at ATH, Strait of Hormuz nearing reopening, Palantir up 23%
Nasdaq Gains 0.6% and Reclaims 29,000 🔼 Strong Results from ON Semiconductor and Palantir
🗽 US500 sets a new record high