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July 31, 2024

European stocks close higher, except for Italy, Spain

ISTANBUL: European stocks closed higher on Wednesday, with the exception of the stock exchanges in Italy and Spain.

The STOXX Europe 600, which includes approximately 90% of the market capitalization of the European market across 17 countries, was up…

US stocks soar as Fed chair signals September rate cut

ISTANBUL: Major stock exchanges in the US soared Wednesday as Federal Reserve Chair Jerome Powell provided clear signals for a possible interest rate cut in September that investors much hoped for.

The tech-heavy Nasdaq soared almost 452 points, or 2…