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Dow closes above 40,000 as US stocks finish week higher

ISTANBUL: The Dow Jones industrial average closed above 40,000 for the first time Friday, while US stocks finished the week on a higher note.

The blue-chip index, which includes 30 prominent American companies, rose 247 points, or 0.62%, to end the s…

US consumer sentiment falls to lowest in 8 months

ISTANBUL: US consumer sentiment declined in July to its lowest level in eight months, according to preliminary results from the University of Michigan’s consumer survey released Friday.

The index of consumer sentiment decreased 2.2 points to 66.0 in …

European exchanges close Friday with gains

ISTANBUL: European stock exchanges closed with gains on Friday to finish the week in a high note.

The STOXX Europe 600, which includes around 90% of the market capitalization of European markets in 17 countries, was up 4.57 points, or 0.88%, to close…