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US stocks open higher to kick off July

ISTANBUL: Major stock exchanges in the US opened Monday in positive territory to kick off the month of July higher, after posting strong gains in the first six months of the year.

The Dow Jones Industrial Average rose 233 points, or 0.6%, to 39,352 a…

US construction spending falls 0.1% in May

ISTANBUL: US construction spending fell 0.1% to $2,139.8 billion in May, the Commerce Department’s figures showed Monday.

Construction spending, one of the major indicators of well-being in the construction sector, was expected to show a monthly incr…