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July 22, 2024

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…

US election possible outcomes continue to impact global markets

ISTANBUL: Central banks around the world are gradually approaching the end of their tight monetary policies to fight inflation, while the potential results of the US elections continue to affect the global market.

Concerns over US President Biden’s h…