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Germany’s industrial production continues to drop in May

ISTANBUL: Germany’s industrial production went down by 2.5% in May, on a monthly basis, and fell 6.7% on a yearly basis, the federal statistical authority Destatis announced on Friday.

The country’s industrial production has been in a downward trend …

S and P 500, Nasdaq close week at new all-time highs

ISTANBUL: The Nasdaq and the S and P 500 posted new record highs on Friday as US stocks finished the week with gains.

The Dow Jones Industrial Average was up 67 points, or 0.17%, to end the session at 39,375. The blue-chip index rose 0.5% this week.
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