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S and P 500 posts best daily gain since early June

ISTANBUL: The S and P 500 closed higher on Monday, registering its best daily performance since early June.

The index increased 59 points, or 1.08%, to finish the session at 5,564 after it lost 1.97% last week.

The Dow Jones Industrial Average was u…

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India proposes $576B budget

NEW DELHI: The Indian government Tuesday proposed a budget of $576 billion for the ongoing fiscal year until the coming March.

The budget was proposed to the parliament by Finance Minister Nirmala Sitharaman, the first since the return of Prime Minis…

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US stocks higher after Biden quits presidential race

ISTANBUL: Major stock exchanges in the US were higher on Monday, a day after President Joe Biden decided to withdraw from the Nov. 5 presidential election.

The Dow Jones industrial average was up 171 points, or 0.43% to 40,459 at 12.21 p.m. EDT. (162…

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CrowdStrike shares signal for additional losses

ISTANBUL: Shares of US-based cyber-security company CrowdStrike, of which an update caused major IT outage in the world last week, signaled for additional losses on Monday.

On Friday, an IT outage hit thousands of computers and caused a global interr…

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