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Category: Industry

US Stocks End Week Sharply Higher as Oil Prices Decline

New york: Major stock indices on Wall Street closed higher today, as oil prices fell and the Strait of Hormuz was reopened. The Standard and Poor’s 500 index rose by approximately 1.20 percent, to close at 7126.05 points. The Nasdaq Composite Index al…

Gold Prices Decline from Recent High as Dollar Strengthens

Istanbul: Gold prices inched lower on Wednesday after hitting a one-month high earlier in the session, as the dollar regained some ground and prospects of another round of peace talks between the US and Iran lifted risk appetite. Gold: Spot gold was d…

Oil Falls as US-Iran Peace Talks Loom

Istanbul: Oil prices fell for a second day on Wednesday on expectations peace talks between the US and Iran may resume and eventually release supply from the key Middle East producing region trapped by the closure of the Strait of Hormuz. Brent crude …

Nikkei Reaches One-Month Peak Amid US-Iran Peace Talk Hopes

Tokyo: Japan’s Nikkei index closed Wednesday’s session at its highest level in more than a month, buoyed by expectations of a new round of peace talks between the United States and Iran. This development boosted investor sentiment despite a decline in…

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