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July 24, 2024

US exchanges close lower

ISTANBUL: Major stock exchanges closed Tuesday in the red.

The S and P 500 fell eight points, or 0.16% to 5,555. The index jumped 1.08% on Monday to register its best daily performance since early June.

The Dow, meanwhile, was down 57 points, or 0.1…

US wholesale inventories rise 0.2% in June

ISTANBUL: Wholesale inventories in the US increased 0.2% in June, compared to the previous month, according to Commerce Department figures that were released Wednesday.

The figure, which measures the change in the total value of goods held in invento…

Sudan’s RSF militia agrees to US-backed cease-fire talks

ISTANBUL: The Sudanese paramilitary Rapid Support Forces (RSF) group welcomed Wednesday the US-backed cease-fire talks in Switzerland next month.

US Secretary of State Antony Blinken invited the Sudanese Army and the RSF group on Tuesday to start the…