Investors will be focusing primarily on the US inflation data due in the early afternoon. The record chase had already stalled on Tuesday. The leading German index ended trading slightly lower at 20,329 points. Prices also fell slightly on Wall Street.
Consumer prices in the USA are likely to have risen only slightly in November, by an expected 2.7 percent. In October, the inflation rate was 2.6 percent. The majority of market participants expect the US Federal Reserve to cut its key interest rate again next week.
On the corporate side, investors scrutinized TUI's figures for the past financial year. The tourism giant reported a strong increase in profits. Results from Carl Zeiss Meditec AG and Zara parent company Inditex are also on the agenda. In the evening, the "Photoshop" provider Adobe will present its figures for the final quarter.
Closing prices in Europe
Share indices and
-futures on Tuesday
Dax 20,329.16
EuroStoxx50 4,951.74
EuroStoxx50 future 4,960.00
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Closing prices of the status Change in
US indices on Tuesday Percent
Dow Jones 44,247.83 -0.3%
Nasdaq 19,687.24 -0.2%
S&P 500 6,034.91 -0.3%
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Asian indices at 07:00 Change in
Wednesday Clock Percent
Nikkei 39,368.48 MISSING
CONDITION0.0%
Shanghai 3,429.85 +0.2%
Hang Seng 20,223.03 -0.4%
(Report by Stefanie Geiger, Anika Ross, edited by Christian Rüttger. 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)