The AEX price shot above the symbolic limit of 1,000 points yesterday for the first time in history. Although a new explosive increase did not immediately follow, market conditions still appear favorable for the stock market index. Particularly thanks to the strong start to the earnings season in the United States.
Goldman Sachs, Morgan Stanley and TSMC are leading by example
The earnings season in the United States started this week with some important financials. Banking giant Goldman Sachs stood out the most. Shares of Goldman rose 4.6 percent after it posted record investment banking revenues.
Morgan Stanley also managed to exceed expectations, making sentiment around financials much better. In any case, the fear of bad figures from this industry has decreased considerably.
We also received good news from the chip sector, as TSMC posted another record quarter. This gave ASML, among others, a boost again, which is important for the AEX. At the moment, the large ASML accounts for approximately 16 percent of the entire market value of the AEX.
Support for the AI ​​sector
The White House also received support for the chip sector yesterday. The Trump administration announced that imported chips for US supply chains will not be subject to the new 25 percent tariff.
In doing so, the White House is taking some of the fear out of the market. And that’s important, because AI hardware is expensive enough without Trump’s tariffs. This gives companies’ margins some breathing space.
Now we have to wait for big names such as Netflix, LVMH and Visa, who will determine the rhythm of the stock market next week. In that respect, another volatile period is coming for the AEX and other stock market indices, because 2026 is the year in which the profit figures must prove that the high prices are justified.
Source: https://newsbit.nl/aex-koers-blijft-boven-1-000-punten-na-sterke-start-cijferseizoen/
