DAX Down Nearly 1% Ahead Of Key U.S. Economic Data

RTTNews | hace 6h 55min

(RTTNews) - German stocks are notably lower on Thursday, weighed down by concerns about the outlook for Fed interest rates, and caution ahead of some key economic data from the U.S., including a report on GDP and inflation.

The benchmark DAX was down 205.40 points or 0.87% at 23,476.30 a little while ago.

Siemens Healthineers is down more than 4.5%. Siemens Energy is lower by about 3.5% and Heidelberg Materials is declining by about 3%.

Adidas, Merck, Brenntag, GEA Group, Siemens, Qiagen, MTU Aero Engines and Fresenius Medical Care are down 1.2 to 2.5%. Rheinmetall and Deutsche Bank are down nearly 1% from previous closing levels.

Commerzbank is rising nearly 2.5%. Continental is up 1.7%, Hannover Rueck is gaining 1.3%, Porsche Automobil Holding is up 1.2% and BMW is advancing 1.1%.

RWE, Deutsche Post, E.ON, Beiersdorf, Mercedes-Benz and Deutsche Bank are up with moderate gains.

German consumer confidence is set to improve slightly in October halting its downward trend as income expectations strengthened, a closely watched survey data showed.

The forward-looking consumer confidence index rose to -22.3 in October from revised -23.5 in the previous month. The reading was seen at -23.3.

Data from the European Automobile Manufacturers' Association, ACEA, showed new car registrations in Europe saw an annual increase of 5.3% in August compared to a 7.4% rise in July. This was the second straight month of growth.

However, EU car registrations edged down 0.1% in the year-to-date period.

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RTTNews | hace 1h 13min

U.S. Existing Home Sales Dip Much Less Than Expected In August

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RTTNews | hace 2h 49min

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RTTNews | hace 2h 52min

U.S. Durable Goods Orders Unexpectedly Rebound In August

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RTTNews | hace 3h 17min

Starbucks To Close Coffeehouses, Cut 900 Jobs In $1 Bln Restructuring

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RTTNews | hace 3h 27min

U.S. Weekly Jobless Claims Unexpectedly Decrease To Two-Month Low

A report released by the Labor Department on Thursday unexpectedly showed an extended pullback by first-time claims for U.S. unemployment benefits in the week ended September 20th. The Labor Department said initial jobless claims fell to 218,000, a decrease of 14,000 from the previous week's revised level of 232,000. Economists had expected jobless claims to inch up to 235,000.

RTTNews | hace 3h 35min

Swiss National Bank Pauses Policy Easing

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RTTNews | hace 4h 2min

U.S. GDP Surges Much More Than Previously Estimated In Q2

Revised data released by the Commerce Department on Thursday showed the U.S. economy unexpectedly grew by much more than previously estimated in the second quarter of 2025.

RTTNews | hace 4h 28min

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