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September 16, 2024

Commodity markets boom with sharp rises last week

ISTANBUL: Commodity markets followed a positive course with sharp rises last week, as the expectations for a 50-basis-point rate cut by the Fed gained strength, while bond yields and the US Dollar Index retreated.

Former Fed official William Dudley s…

US stocks open Monday on mixed note

ISTANBUL: Major US stock exchanges opened Monday on a mixed note.

The Dow Jones Industrial Average increased 330 points, or 0.8%, to 41,726 as of 9.54 a.m. EDT (1354GMT). The SandP 500 rose six points, or 0.12% to 5,632

The Nasdaq Composite, on the …

Bitcoin, cryptos fall after assassination attempt on Trump

ISTANBUL: Bitcoin and cryptocurrencies were on decline Monday after an assassination attempt on former US President and Republican nominee Donald Trump.

Bitcoin, the world’s largest cryptocurrency, was trading just above $57,825 at 11.42 a.m. EDT (15…