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US stocks close lower as Fed delivers largest rate cut in 16 years

ISTANBUL: Major US stock exchanges closed Wednesday with losses after the Federal Reserve delivered its largest interest rate cut in 16 years.

The Dow Jones industrial average fell 103 points, or 0.25%, to end the session at 41,503. The SandP 500 los…

Trkiye’s BIST 100 closes Wednesday on high note

ANKARA: Trkiye’s benchmark stock index finished Wednesday at 9,774.49 points, rising 0.17% from previous close.

After starting the day at 9,753.17 points, Borsa Istanbul’s BIST 100 index gained 16.35 points with a daily transaction volume of 63 billi…