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July 24, 2024

European stocks close higher except in UK, France

ISTANBUL: European stocks closed higher on Tuesday except in the UK and France.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, was up 0.68 points, or 0.13% to finish almost flat at…

Moody’s upgrades ratings of 17 Turkish banks

ISTANBUL: Moody’s said it upgraded the local and foreign-currency long-term deposit, issuer, and senior unsecured ratings of 17 Turkish banks, while their outlooks remain positive.

The move is a result of the improvement of their operating environmen…

US stock exchanges plunge at Wednesday’s opening

ISTANBUL: Major US stock exchanges experienced a significant drop following the opening bell on Wednesday.

The S and P 500 fell 81 points, or 0.47%, to 5,474 at 10.18 a.m. EDT. The Dow, meanwhile, declined 374 points, or 0.93%, to 39,983.

The Nasdaq…