
Rising oil prices and reports of possible US attacks on Iran are causing uncertainty on Wall Street.
AI-generated summary
Oil prices are rising due to supply fears caused by the Middle East conflict and a hurricane. There are also reports of possible US attacks on Iran before the midterm elections.
Developments in the oil and bond markets dominate the markets in the USA. There are important impulses for the stock markets in the coming weeks.
Dusseldorf. Investors on Wall Street are pessimistic. On Thursday, the major indices were mostly in the red.
The Dow Jones of standard values is trading almost unchanged at 51,145 points.
The broader S&P 500 is slightly lower at 7,782 points.
The Nasdaq technology exchange lost 0.5 percent to 27,419 points.
The Nasdaq 100, a reflection of the 100 non-financial companies with the highest market capitalization, is down 0.5 percent at 31,019 points.
On Wednesday, the stock markets ended trading largely unchanged.
Rising oil prices are causing uncertainty on Thursday - because of the corresponding impact on US bonds. The North Sea oil Brent for delivery in December and the US oil WTI November both rose in price by 5.2 percent to $105.46 and $92.84 per barrel respectively. The fear of supply bottlenecks due to the Middle East war and a hurricane heading towards the US offshore production areas is driving prices up.
At the same time, reports are circulating about possible new attacks by the USA on Iran. According to The Atlantic magazine, citing two administration officials, the White House asked the Defense Department to develop options for attacks on Iran that could be carried out before the November midterm elections. The report thus contradicts the previously widespread expectation that US President Donald Trump would avoid a further escalation of the conflict with Tehran before the midterm elections.

Chancellor Merz and President Macron are publicly considering excluding unfair trading partners from the European market, with China taking center stage due to its growing trade deficit. Despite increasing German exports to China, annual exports are shrinking while imports continue to increase. German companies continue to invest billions in China to remain competitive.

According to a report in the Financial Times, Starbucks is exploring a takeover of fast food chain Chipotle. Chipotle's market value is around $39 billion. However, a merger is considered unlikely due to the complexity.

The WTO is raising its growth forecast for global trade in goods from 1.9 to 3.9 percent. The main driver is the high demand for AI technologies, which compensates for disruptions caused by the Middle East conflict. Trade in services, on the other hand, is growing more slowly.

The World Trade Organization (WTO) has raised its growth forecast for global trade in goods in 2026 from 1.9 to 3.9 percent. The AI boom compensates for the negative effects of the Middle East conflict on supply chains.

Tech companies such as Broadcom, Oracle and SpaceX are seeking billions in financing from investors such as Apollo and Blackstone to cover the enormous demand for AI chips. Experts warn of high debt burdens and risks to cash flows in the event of delays.

Internal documents from the Federal Ministry of Finance show a worrying development in German public finances: by 2030, the loan financing ratio is expected to almost double and the interest tax ratio is expected to rise massively to 18.4 percent.