2023-09-30 11:41:26 On Friday, the Standard & Poor’s credit rating agency revised its future outlook for Turkey from “negative” to “stable”, attributing this to the changes that occurred in the policy followed by the country. At the same time, the agency maintained the country’s credit rating at B. The agency said in a statement that … Read more
Düsseldorf According to new economic data, the US stock exchanges closed slightly higher on the last trading day before Christmas. The Dow Jones index of standard values closed 0.5 percent higher at 33,203 points on Friday. The tech-heavy Nasdaq advanced 0.2 percent to 10,497 points. The broad one S&P 500 increased 0.6 percent to 3844 … Read more
Frankfurt Muted hopes of an end to US interest rate hikes continued to weigh on Wall Street. The Dow Jones lost 2.3 percent to 33,202 points. The tech-heavy Nasdaq fell 3.2 percent to 10,810 and the broader S&P 500 fell 2.5 percent to 3,895. Fed Chair Jerome Powell raised fears of a prolonged cycle of … Read more
New York It was the confirmation that many investors had hoped for: The US Federal Reserve (Fed) wants to slow down the pace of interest rate hikes, announced Fed Chairman Jerome Powell on Wednesday in a speech to the think tank Brookings. That could be appropriate as early as the upcoming mid-December meeting, Powell said. … Read more
Prepared by: Khansa Al-Zubair The history of “Wall Street” bears witness that the month of December every year brings highs that soar high in US stocks, and this represents a bright spot in a much darker year for investors and promises to achieve some gains that they were often denied. Although they are skeptical that … Read more
Wall Street Inflation in the USA was recently not as strong as expected. (Photo: Archyde.com) New York A bleak forecast for US retailer Target’s important holiday season is slowing Wall Street. The Dow Jones index of standard values fell 0.2 percent to 33,530 points at the opening on Wednesday. The broader one S&P 500 loses … Read more
The S&P and Nasdaq ended the week down 1.55% and 3.11%, respectively. Stocks fell on Friday, capping a volatile week of trading, a day after posting a historic high as investors digested inflation expectations. On Friday, the Dow Jones index fell 403.89 points, or 1.34%, to end the day at 2,9634.83 points. However, the index … Read more
Wall Street’s main indexes closed sharply lower on Friday, after strong September employment data raised the likelihood that the Federal Reserve would press ahead with its campaign to raise interest rates that many investors fear will push the economy into recession.Despite this, the S&P 500 gained 1.5% for the week, while the Dow Jones and … Read more