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US stock exchanges close higher

ISTANBUL: US stock exchanges closed higher on Monday.

The Dow Jones Industrial Average was up 50 points, or 0.13%, to finish the session at 39,169. The S and P 500 rose 14 points, or 0.27%, to 5,475.

The Nasdaq, meanwhile, increased 146 points, or 0…

Euro area annual inflation eases as expected

ANKARA: The euro area annual consumer inflation rate cooled to 2.5% in June, as widely expected, according to flash estimates released on Tuesday.

Headline inflation fell from 2.6% in May, Eurostat data showed.

The cost of energy rose 0.2% from a ye…