New York, Dusseldorf, Frankfurt The fear in the markets is back. After a brief recovery phase, the stock markets have resumed their downward trend. Due to interest rate and recession fears, the leading German index Dax fell by 2.3 percent to below 13,700 points on Thursday. By the end of trading, it limited its minus to 0.9 percent and was quoted at 13,882 points.
In the USA, the leading index S&P 500 collapsed by four percent on Wednesday. Even if it turned positive on Thursday after slight losses at the beginning: The US stock exchanges are now on the threshold of a bear market.
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