DAX 
On Wednesday, it closed 0.8 percent lower at 18,591 points, weighed down by economic concerns. The most important indices on Wall Street were unable to find a consistent direction. The Asian markets went downhill on Thursday.
Investors are currently focusing on the state of the global economy. In Germany, the Ifo Institute will publish its fall forecasts. So far, it is assuming that gross domestic product will grow by 0.4 percent this year, followed by growth of 1.5 percent in 2025. German industry is likely to have had a weak start to the second half of the year. Orders are likely to have shrunk by 1.5% in July compared to the previous month.
In the US, the focus will be on employment figures from the private sector, which will be followed by the official labor market report on Friday. The data should clarify whether the US Federal Reserve will initiate the expected turnaround in interest rates with a cut of half or a quarter of a percentage point.
European closing prices
Stock indices and
-futures on Wednesday
Dax 18,591.85
Dax future 18,574.00
EuroStoxx50 4,848.18
EuroStoxx50 future 4,856.00
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Closing prices of the status Change in
US indices on Wednesday Percent
Dow Jones 40,974.97 +0.1%
Nasdaq 17,084.30 -0.3%
S&P 500 5,520.07 -0.2%
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Asian indices at 07:00 Change in
Thursday clock percent
Nikkei 36,547.82 -1.3%
Shanghai 2,785.38 +0.0%
Hang Seng 17,375.67 -0.5%
(Report by Anika Ross, Daniela Pegna. If you have any questions, please contact our editorial team at berlin.newsroom@thomsonreuters.com (for politics and the economy) or frankfurt.newsroom@thomsonreuters.com (for companies and markets).)
