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US Stocks Post Fifth Consecutive Losing Week

New york: The main indexes on Wall Street closed lower Friday, recording their worst close in more than six months.

According to Qatar News Agency, the SandP 500 index lost 1.70%, closing at 6,368.85 points, marking its fifth consecutive weekly loss. This represents the longest losing streak for the index in nearly four years.

Meanwhile, the Nasdaq Composite fell 2.14%, ending at 20,948.36 points. The Dow Jones Industrial Average also saw a decline of 1.75%, closing at 45,166.64 points.

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Gold Prices Climb by One Percent Amid Declining Oil Prices

London:Gold prices increased by approximately one percent, bolstered by a decline in oil prices as investors anticipate the upcoming US Federal Reserve monetary policy meeting for insights on future interest rate directions.

According to Qatar News …