On Tuesday, it had closed 0.6 percent lower at 19,213.14 points. The escalation of the conflict in the Middle East weighed on sentiment on the stock markets. In response to the massive Israeli attacks against the radical Islamic Hezbollah in Lebanon, Iran fired numerous missiles at Israel on Tuesday evening. According to initial reports, however, there were no casualties.
The focus is also once again on monetary policy. Speeches by several representatives of the European Central Bank (ECB) are scheduled for the morning. This will be followed in the afternoon by statements from representatives of the US Federal Reserve. Investors are hoping that this will provide an indication of the pace of further interest rate cuts by the monetary authorities. Statements by Fed Chairman Jerome Powell on Monday recently cooled speculation about another major interest rate cut.
In economic data, the service provider ADP publishes the US non-farm employment figures for September. The report is seen as a precursor to the US government's official labor market report on Friday.
European closing prices
Stock indices and
-futures on Tuesday
Dax 19,213.14
Dax future 19,391.00
EuroStoxx50 4,954.15
EuroStoxx50 future 4,976.00
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Closing prices of the status Change in
US indices on Tuesday Percent
Dow Jones 42,156.97 -0.4%
Nasdaq 17,910.36 -1.5%
S&P 500 5,708.75 -0.9%
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Asian indices at 07:00 Change in
Wednesday Clock Percent
Nikkei 37,870.24 -2.0%
Shanghai No trading
Hang Seng 22,401.74 +5.9%
(Report by Zuzanna Szymanska. 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).)
