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S and P 500, Nasdaq close week at new all-time highs

ISTANBUL: The Nasdaq and the S and P 500 posted new record highs on Friday as US stocks finished the week with gains.

The Dow Jones Industrial Average was up 67 points, or 0.17%, to end the session at 39,375. The blue-chip index rose 0.5% this week.

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European stocks close lower except for Germany

ISTANBUL: European stock exchanges closed lower on Friday except for Germany.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, fell 0.94 points, or 0.18%, to finish at 516.60.

Franc…

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Brent climbs above $87 to highest level since April

ANKARA: The price of Brent oil rose above $87 on Friday, its highest level since April, with data indicating a fall in crude oil stocks in the US, the world’s biggest oil-consuming country, along with a forecast of a busy travel season during the summ…

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