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- Gulf Bank hosts tufting, embroidery workshop for red cardholders
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18/09/2013 07:56 AST
US stocks on Tuesday closed higher amid greater investor confidence that the US economy could withstand an expected reduction of Federal Reserve bond purchases.
The Dow Jones Industrial Average put on 34.95 points (0.23 percent) at 15,529.73. The broad-based S&P 500 added 7.16 points (0.42 percent) at 1,704.76. The tech-rich Nasdaq Composite Index jumped 27.85 points (0.75 percent) to 3,745.70, its highest close since September 2000.
A two-day meeting of the Federal Open Market Committee is scheduled to conclude Wednesday with a statement and news conference with Federal Reserve Chairman Ben Bernanke. Most market watchers expect the Fed to scale back the Fed's $85 billion per month bond-buying program.
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Business Times
| Ticker | Price | Volume |
|---|
| Index | Closing | Change |
|---|---|---|
| NIKKEI 225 | 36,581.76 | -251.51 (-0.68 |
| DAX | 18,699.40 | 181.01 (0.97 |
| S&P 500 | 5,626.02 | 30.26 (0.54 |
04/07/2025
A growing number of businesses are choosing to renovate aging office buildings and commercial facilities to avoid the trouble of rebuilding or constructing new facilities.
The trend has incr
The Peninsula
03/07/2025
Microsoft on Wednesday said it was slashing a little less than four percent of its global workforce as it seeks to cut layers of middle management and leverage new technologies.
"We continue
AFP
03/07/2025
Global public debt rose to an all-time high of $102 trillion in 2024, representing a 7.36 percent increase compared to the previous year, according to a leading UN body.
Nearly one-third of
Arab News
02/07/2025
Most stock markets in the Gulf gave up early gains to close lower on Tuesday, as investors booked profits and turned cautious ahead of a US Senate vote on President Donald Trump's landmark tax and sp
Reuters
02/07/2025
Jordan aims to lower its public debt-to-gross domestic product ratio to 80 percent by 2028 under an International Monetary Fund-backed reform program, according to a government official.
Fi
Arab News
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