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NEW YORK, United States (AFP) — Wall Street stocks finished lower Monday amid worries the Turkish currency crisis will spread to other emerging economies. The Dow Jones Industrial Average shed 0.5 percent to close at 25,187.70. The broad-based S&P 500 fell 0.4 percent to 2,821.93, while the tech-rich Nasdaq Composite Index fell 0.3 percent to 7,819.71. The declines in the US came after other leading equity bourses in Asia and Europe also pulled back as […]
HONG KONG, China (AFP) — Hong Kong stocks opened lower on Tuesday, extending the previous day’s sell-off as investors continue to fret over the impact of Turkey’s economic crisis on the global economy. The Hang Seng Index fell 0.64 percent, or 179.23 points, to 27,757.34. The benchmark Shanghai Composite Index edged down 0.18 percent, or 5.13 points, to 2,780.74, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, slipped 0.15 percent, or […]
TOKYO, Japan (AFP) — Tokyo stocks opened lower Monday as investors watched tension between the US and Turkey that has driven down the lira, fanning fears of possible wider financial instability. The benchmark Nikkei 225 index fell 0.83 percent or 185.56 points to 22,112.2 while the broader Topix index gave up 0.83 percent or 14.22 points to 1,705.94. The Turkish lira fell to a new record low of 7.2362 to the dollar overnight, before recovering […]
