ISTANBUL: Major stock exchanges in the US were higher on Friday despite producer inflation figures coming in hotter than expected.
The Dow Jones Industrial Average was up 189 points, or 0.48%, to 39,942 at 10.18 a.m. EDT (1418GMT).
The S and P 500 r…
ISTANBUL: US consumer sentiment declined in July to its lowest level in eight months, according to preliminary results from the University of Michigan’s consumer survey released Friday.
The index of consumer sentiment decreased 2.2 points to 66.0 in …
ISTANBUL: American multinational financial services company Wells Fargo saw its income and revenue remaining almost flat in the second quarter of this year, compared to the same period of last year, according to its financial results statement release…
ISTANBUL: European stock exchanges closed with gains on Friday to finish the week in a high note.
The STOXX Europe 600, which includes around 90% of the market capitalization of European markets in 17 countries, was up 4.57 points, or 0.88%, to close…
ISTANBUL: Inflation and interest rates in the US may stay higher than the market expects, JPMorgan Chase Chairman and CEO Jamie Dimon said Friday.
“There has been some progress bringing inflation down, but there are still multiple inflationary forces…
ISTANBUL: France’s economy is expected to expand 0.9% this year and 1.3% next year, according to the International Monetary Fund (IMF) on Friday.
“Despite a recovery slowdown in 2023, the French economy has remained relatively resilient in the face o…