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- Saudi Awwal Bank launches a world class Innovation Centre to provide financial services
- Indian rupee firms up again - UAE, Saudi Arabia's NRIs delay money transfers
- Dubai's Tecom Group turns in another profit gain in Q1-2025
- BNY gets license for Saudi regional HQ as global banks grow presence
- Closing Bell: Saudi main index closes in red at 11,543
- TotalEnergies, OQEP break ground at Marsa LNG
- Riyadh Air enters key deals covering 125 countries
- 3 contracts signed for $1.6bn Marsa LNG Project in Sohar
- GIS reports net profit of QR222m in Q1, reflecting 38% year-on-year growth
- QAMCO posts record net profit of QR156m
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 |
30/04/2025
President Donald Trump's administration will move to reduce the impact of his automotive tariffs on Tuesday by alleviating some duties imposed on foreign parts in domestically manufactured cars and k
Reuters
29/04/2025
Senior diplomats from the BRICS grouping of nations gathered Monday in Brazil to present a united front in the face of US President Donald Trump's aggressive trade policies. The meeting comes at a cr
AFP
28/04/2025
Spiralling inflation in the Euro-Zone was finally stabilized last year after an unprecedented cycle of policy rate increases by the European Central Bank (ECB). The ECB began the record tightening se
The Peninsula
28/04/2025
Egypt's unemployment rate declined to 6.6 percent in 2024, down 0.4 percent from the previous year, driven by lower joblessness across both urban and rural areas and by growth in sectors such as agri
Arab News
28/04/2025
Saudi Arabia and Qatar have agreed to jointly pay approximately $15 million to settle Syria's arrears to the World Bank, a move set to unlock renewed development funding for the war-torn country.
Arab News
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