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Turkish stock exchange opens week up

ANKARA: Trkiye’s benchmark stock index opened higher on Monday at 9,739.80 points, rising 0.74% or 71.70 points from the previous close.

On Friday, Borsa Istanbul’s BIST 100 index had fallen 2.55% to close at 9,668.10 points with a transaction volume…

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US stocks rally as Fed chair signals rate cut

Major US stock exchanges rallied Friday to close the session higher as Federal Reserve Chair Jerome Powell signaled a rate cut in September.

The Dow Jones Industrial Average increased 462 points, or 1.14%, to finish the day at 41,175. The blue-chip i…

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World crude steel production down annually in July

ISTANBUL: World crude steel production declined 4.7% on an annual basis in July, according to data from the World Steel Association (worldsteel) on Thursday.

Steel output from 71 countries reporting to worldsteel fell to 152.8 million tons, data show…

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SandP, Nasdaq close lower to end 8-day winning streaks

ISTANBUL: US stocks closed lower Tuesday with the SandP 500 and the Nasdaq ending their eight consecutive trading days of winning streaks.

The tech-heavy Nasdaq fell almost 60 points, or 0.33%, to finish the session at almost 17,817. The SandP 500 lo…

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