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Oil rises on weak US production data, geopolitical tensions

ANKARA: Oil prices rose on Thursday, driven by a reported decline in U.S. crude production, intensifying geopolitical tensions, and growing expectations of interest rate cuts from the US Federal Reserve.

International benchmark Brent crude rose 0.6% …

S and P, Nasdaq post 6-day winning streak as recession fears ease

ISTANBUL: The S and P 500 and the Nasdaq extended their winning streak to six consecutive trading days as the latest macroeconomic data on Thursday have eased fears of a possible recession in the US.

The tech-heavy Nasdaq soared nearly 402 points, or…

Walmart shares hit record-high after strong earnings

ISTANBUL: Walmart shares hit an intraday record-high level on Thursday after American multinational retail corporation posted strong earnings for the second quarter of this year.

The company’s stock price was up 7% to $73.48 per share at 2.40 p.m. ED…