- US stocks closed with modest losses on Wednesday, well off their intraday highs, after the Federal Reserve cut interest rates by 50 basis points. The S and P 500 lost 16.37 points, or 0.29%, to end at 5,618.21 points, while the Nasdaq Composite lost 52.39 points, or 0.30%, to 17,575.67. The Dow Jones Industrial Average fell 97.30 points, or 0.23%, to 41,508.88. Source: Qatar News Agency
Related Articles
Commercial Bank Receives Two International Awards
Doha: Commercial Bank announced achieving two prestigious MEED MENA Banking Awards 2024 in the Middle East.
The Bank was recognized on a regional level in two categories: Best Mobile Banking App and Best Remittance Service.
Senior executives from t…
Oil Prices Edge Down on Concerns over Widening Middle East Conflict
Oil prices edged down in early Asian trading on Friday but were on track to gain more than 3% for the week as US jobs data calmed demand concerns and fears of a widening Middle East conflict persisted.
Brent crude futures fell 9 cents, or 0.11%, to $…
QSE Index Loses 43.86 Points at Beginning of Monday’s Trading
Doha: Qatar Stock Exchange (QSE) index lost 43.86 points at the beginning of Monday’s trading session, a decrease of 0.45%, to reach a level of 9803 points compared to Sunday’s closing, under pressure from three sectors.
The decline in QSE general in…