div > div.group > p:first-child"> Turkey's benchmark stock index, the ISE National 100 index, dropped 5.2 percent and was on track for its worst day since July 18, when it fell 7.1 percent. The iShares MSCI Turkey ETF , which tracks Turkish equities in the U.S., fell 7.7 percent.
Turkey's move effectively kept foreign investors from betting against Turkish assets ahead of local elections that are largely seen as a referendum on President Recep Tayyip Erdogan. As of 12:19 p.m. in New York, the lira traded 1.8 percent lower against the dollar at 5.42.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow logs more than 200-point gain as Apple leads tech stocks higherU.S. stocks ended higher on Thursday as a sharp surge in tech shares helped to lift key equity benchmarks. The S&P 500 rose 1.1% to end near 2,855. The...
Source: MarketWatch - 🏆 3. / 97 Read more »
Global aviation industry converges on Renton, Wash., as Boeing details 737 Max software fixBoeing invited more than 200 airline executives, pilots, technical experts and regulators from around the world for a Wednesday meeting on its new software and training upgrades for the 737 Max 8. Hotel rooms where the maid does the laundry?! Markuh21 I believe Boeing execs should fly in their planes and NOT BE ALLOWED TO USE SAFETY FEATURES OR DISABLE FAULTY SENSORS AND SEE HOW THE TRIP GOES.
Source: washingtonpost - 🏆 95. / 72 Read more »