Germany's DAX index hit a fresh record high, rising 1.5% on September 19, 2024. However, by September 20, 2024, the index fell by 0.6%. The STOXX Europe 600 index also extended its gains to 1.5% on September 19, but European shares slipped on September 20. Mercedes-Benz shares fell by 7% after the company cut its full-year profit outlook, leading to a 3.6% drop in the Europe’s Auto index. Despite the slip in shares, European markets were set for weekly gains. Spain’s IBEX index was down 0.22% at 11,751.6 on September 20 and further down by 0.11% at 11,764.8 later in the day. Italy’s FTSE MIB index fell by 0.83% to 33,762.25 points. The FTSEurofirst 300 index provisionally closed down 1.44% at 2,033.94, while the STOXX 600 index was down 1.5% by the end of the week. Britain's FTSE 100 was down 1.2%, France's CAC 40 fell by 1.5%, and Euro Zone Blue Chips were down 1.4%.