Global Markets Weekly Update - April 24, 2026
U.S. Market Overview
Most major U.S. stock indexes finished the week higher, with several reaching record highs. The Nasdaq Composite led gains, followed by the S&P 500 and Russell 2000, while the Dow Jones Industrial Average saw a decline. Positive economic data, particularly in retail sales and corporate earnings, helped offset geopolitical uncertainties related to the U.S.-Iran conflict.
Key Economic Indicators
- U.S. retail sales increased by 1.7% in March, the strongest monthly rise since early 2023.
- Consumer sentiment dipped to 49.8, reflecting concerns over inflation expectations.
- S&P Global’s Flash PMI indicated a modest rebound in business activity, but with rising output prices.
Corporate Earnings
Approximately 20% of S&P 500 companies reported earnings, with 84% beating estimates and a blended year-over-year growth rate of 15.1%.
European Market Overview
The pan-European STOXX Europe 600 Index fell by 2.54%, with defensive sectors outperforming amid geopolitical tensions. Major indexes in Germany, Italy, France, and the UK also experienced declines.
Key Economic Indicators in Europe
- German Ifo Business Climate Index fell to 84.4, the lowest since May 2020.
- French consumer confidence dropped sharply to 84.
- UK retail sales rose by 0.7% in March, but consumer confidence hit a low of -25.
Asian Market Overview
Japan's Nikkei 225 Index gained 2.12%, driven by technology stocks, while the broader TOPIX Index declined. Consumer inflation rose to 1.8% year-over-year, influenced by higher energy costs.
China's Economic Outlook
Mainland equities remained stable, with the CSI 300 Index up 0.86%. The People's Bank of China held rates steady, signaling confidence in growth despite external risks.
Other Key Markets
In Romania, political instability raised uncertainties around fiscal reforms. Türkiye's central bank maintained its benchmark rate at 37%, citing inflation risks from geopolitical tensions.
Market Performance Summary
| Index | Friday's Close | Week's Change | % Change YTD |
|---|---|---|---|
| DJIA | 49,230.71 | -216.72 | 2.43% |
| S&P 500 | 7,165.08 | 39.02 | 4.67% |
| Nasdaq Composite | 24,836.60 | 368.12 | 6.86% |
| S&P MidCap 400 | 3,641.31 | -5.04 | 10.17% |
| Russell 2000 | 2,786.99 | 10.09 | 12.29% |
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