Publication Date: July 15, 2026
AEX
On Wednesday, July 15, the AEX opened at 1,095 points. That represents an increase of 11 points, or 1%, compared to last week.
Market developments
The AEX opened the trading week calmly at 1,081. Investors were awaiting Tuesday’s U.S. inflation figures and the stream of corporate earnings reports throughout the week. On Tuesday, the AEX reached its lowest weekly level of 1,079, after which prices rose sharply following the announcement of favorable inflation trends in the United States. Following the release of strong quarterly results from major U.S. banks and ASML, among others, the AEX is currently trading at its highest level of the week so far, 1,095. This also marks a new record high for the AEX.
Market Sentiment
Sentiment in the stock markets is positive.
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Outlook
Our model expects higher volatility to persist in the short term. According to our model, the AEX could rise from its current level to the short-term price target of 1,120 points.
Subsequently, a correction toward the 1,050–1,030-point range is the most likely scenario.
In the long term, the positive scenario remains intact. Our model expects a new upward move toward the price target of 1,230 points.
The chart above shows the AEX starting in early 2025, including the expected price movement.
Nasdaq Futures
On Wednesday morning, July 15, the Nasdaq futures contract is trading at 30,040 points. That represents an increase of 390 points, or 1.3%, compared to last week.
Market developments
The Nasdaq futures contract started the week on a somewhat uncertain note and reached its lowest weekly level of 29,386 on Monday. The Nasdaq once again faced selling pressure due to ongoing uncertainty about high valuations. On Tuesday, positive inflation figures brought relief, causing the index to reach its highest level of the week so far—30,058 points—on Wednesday morning. The Nasdaq futures contract remains 3% below its record high of 30,975.
Sentiment
Sentiment toward technology stocks is strong. The index is highly volatile, indicating that the market is nervous.
Outlook
Our model expects a volatile price pattern in the short term, during which the Nasdaq futures could reach a new record high around 32,000 points. After that, a major correction will set in, and the price could fall to the range between 27,500 and 26,500 points.
After 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 from early 2025 onward, including the expected scenario.
Dow Jones futures
The Dow Jones futures contract is currently trading at 52,795 points. That represents an increase of 100 points, or 0.2%, compared to last week.
Market developments
The Dow Jones futures opened the week calmly and reached a weekly low of 52,252 on Tuesday. Thanks to favorable inflation figures and positive corporate earnings, the price climbed to 52,968 on Tuesday evening. This puts the Dow Jones futures contract still about 1.5% below its record high.
Sentiment
Sentiment surrounding the Dow Jones futures remains fundamentally strong.
Outlook
In the short term, the most likely scenario is that the price will reach a new high around 54,000 points.
After that, the price may begin a correction toward 50,500 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.