Publication date: June 18, 2026

AEX

On Thursday, June 18, the AEX stood at 1,081 points during the morning session. That represents an increase of 28 points, or 2.65%, compared to last week.

Market Developments

As a result of positive developments over the weekend in the conflict between Iran and the United States, the AEX opened sharply higher on Monday at 1,090 points and reached a new record high of 1,091 points on the same day. In the days that followed, the AEX fell by approximately 2% to the week’s low of 1,069. After the correction, the AEX resumed its upward trend.

Sentiment

Sentiment in the stock markets is positive. There is greater clarity regarding a number of key factors, such as the Middle East conflict and interest rate policy in the European Union and the United States.

Forecast

As expected, the previous record has been broken. However, the AEX rose further than previously anticipated. From Monday’s record high of 1,091, our model expects a correction in the short term. This could bring the AEX back down to approximately 1,053 points in the coming months. Subsequently, in the most likely scenario, the model forecasts a rise to approximately 1,120 points in the fall.

After that, a correction toward the 995 to 985-point range is the most likely scenario. In the long term, the positive scenario remains intact. Our model expects a new upward move within 24 months toward a new price target of 1,230 points.

A close below 920 points would invalidate this scenario and shift the technical outlook to neutral to negative. As long as this level holds, the long-term outlook remains constructive.

The chart above shows the AEX starting in early 2025, including the expected price trend.

Nasdaq Futures

On Thursday morning, June 18, the Nasdaq futures contract was trading at 30,415 points. That represents an increase of 1,600 points, or 5.5%, compared to last week.

Market development 

The Nasdaq futures were hit hard last week but managed to fully recover their losses over the past week. Furthermore, the Nasdaq futures reached a new record high of 30,975 points.

Sentiment

Sentiment towardtechnologystocksis strong. However, the market is factoring in the possibility of a pullback.

Forecast

From its record high, the index may undergo a short-term correction down to around 29,000 points. It could then reach a new high of 32,500 before the end of the year. After that, the major correction will run its course, and the price could move to the range between 27,500 and 26,500 points. Following this correction, the long-term uptrend could resume toward the new price target of at least approximately 34,500 points.

The chart below shows the Nasdaq futures starting in June 2025, including the expected scenario.

Dow Jones futures

The Dow Jones futures are currently trading at 52,230 points. That represents an increase of 1,940 points, or 3.8%, compared to last week.

Market development 

The Dow Jones futures also reached a new record high of 52,730 points last week. After a correction, the price managed to resume its upward trend.

Sentiment

Sentiment surrounding the Dow Jones futures remains fundamentally strong, but the market is factoring in a temporary correction.

Forecast

In the short term, a correction to 50,600–50,700 points is possible. Subsequently, the most likely scenario is that the price will reach a new high around 54,000 points. After that, the price could begin a larger correction toward 47,000 points. This level could then serve as a base for a new upward move toward the new long-term price target of approximately 58,700 points.

The chart below shows the Dow Jones futures starting in June 2025, including the expected price movement.

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Disclaimer: Investing involves risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts’ own insights and experiences. They are therefore intended for educational purposes only.