(ABM FN) The Brussels stock exchange is expected to have a green opening on Wednesday. Futures on the Euro Stoxx 50 index pointed to a gain of 0.5 percent an hour before the stock market bell.

The Bel20 rose 0.4 percent to 4,241.27 on Wednesday, slightly more modest than US development stocks and Wall Street gains.

On Wall Street, the main indicator S&P 500 closed one percent in the green on Wednesday evening. After highly volatile trading in December, the index is still targeting its all-time high.

“It is the root of all problems such as the omik and interest rate hikes and geopolitical tensions around Russia are ignored,” said André Brouwers of the Investments. Also the threat that a major investment program of US President Joe Biden will not go ahead, not to sharp declines. “There are no sales in the market. The question is whether that is justified.”

Brouwers pointed out the discrepancy between the high of more than 6 percent at a ten percent continues to fluctuate. “Actually, you can’t.”

US investors drew support on Tuesday from comments from Joe Biden, who announced a plan to tackle the very future strain of the coronavirus with 500 million test kits, promising there will be no lockdowns like in March 2020.

“Stock traders on Wall Street believe the impact of the new strain of the coronavirus will be short-lived and less original for the US economy. This is because corporate balance sheets are solid and believe the US will get through this period unscathed,” said market analyst Naeem Aslam from AvaTrade.

In the meantime, the reins are being developed in Europe, but nowhere are the measures as strong as in the Netherlands, where there will be a hard lockdown for weeks.

China previously managed to keep corona outbreaks under control, but on Wednesday the report of more than 140 cases of the delta variant in the metropolis of Xi’an formed. The city has been placed in a complete lockdown. In just over a month, the Winter Olympics will take place in Beijing.

The Asian stock markets are united in green this morning. The Nikkei index in Japan is leading the way with an increase of 0.8 percent. The US oil future is heading for a slope. On Wednesday evening, the New York futures closed 2.3 percent higher at $72.76 per tax.

Investors for macro data today mainly go to America, where support applications, new home sales and consumer confidence are on the agenda.

Company news

VGP attracts Hörmann Logistic Solutions and APM Autoteile as new tenants for Park Magdeburg-Sülzetal in Germany.

IBA sold a proton therapy center to Proton International Arkansas. goals is expected to be approximately $45 million.

Banimmo has signed a sales agreement with the Belgian State for the sale of the NETWORKS NØR building in Brussels. Financial details were not shared.

Kinepolis has been forced to close its doors again by the Belgian government due to the corona pandemic. The closure will take effect next Sunday and will last until January 28. the cinema group misses an interesting Christmas period.

Wall Street closing positions

The next S&P 500 index rose 1.0 percent to 4,696.57 points on Wednesday, the Dow Jones index gained 0.7 percent at 35,753.89 points and the Nasdaq closed 1.2 percent higher at 15,521.89 points.

Source: ABM Financial News

From Beursplein 5, the editors of Financial news from ABM keep a close eye on developments on the stock exchanges, and the Amsterdam stock exchange in particular. The information in this column is not intended as professional investment advice or as a recommendation to make.