On Thursday, it closed slightly weaker at 18,576.50 points. The latest US economic data made investors cautious. According to a survey, US companies created noticeably fewer jobs in August than experts had expected. The most important indices on Wall Street were unable to find a consistent direction. Asian markets fell slightly at the end of the week.
Thursday's employment figures will be followed by the US government's official labor market report on Friday. The data should clarify whether the US Federal Reserve will initiate the expected turnaround in interest rates in September with a cut of half or a quarter of a percentage point. The markets are currently assuming a 60% probability that the Fed will cut its key interest rate by 25 basis points in September.
In Germany, industrial production data is due to be published. According to economists' forecasts, this fell by 0.3% in July. In June, there had still been growth of 1.4 percent.
Closing prices in Europe
Share indices and
-futures on Thursday
Dax 18,576.50
Dax future 18,614.00
EuroStoxx50 4,815.15
EuroStoxx50 future 4,830.00
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Closing prices of the status Change in
US indices on Thursday Percent
Dow Jones 40,755.75 -0.5%
Nasdaq 17,127.66 +0.3%
S&P 500 5,503.41 -0.3%
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Asian indices at 07:00 Change in
Friday clock percent
Nikkei 36,497.75 -0.4%
Shanghai 2,782.00 -0.2%
Hang Seng No trading
(Report by Zuzanna Szymanska, 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).)