World Bulletin / News Desk
Wall Street stocks fell early Wednesday after President Donald Trump warned he could soon order a missile strike in Syria.
The broad-based S&P 500 shed 0.5 percent to 2,644.23, while the tech-rich Nasdaq Composite Index lost 0.4 percent to 7,069.44.
The losses followed a strong session Tuesday in which stocks rallied after a conciliatory speech by Chinese President Xi Jinping raised hopes a US-China trade war could be averted.
But Syria gave investors a new worry to fixate on as Trump threatened that "missiles will be coming" in response to an alleged chemical attack in Syria.
Other sources of uncertainty included Republican House Speaker Paul Ryan's announcement that he will not seeking re-election in November, and rising speculation that Trump might fire Special Counsel Robert Mueller after the FBI raided Trump's longtime personal lawyer Michael Cohen.
The Federal Reserve later Wednesday will release minutes from a March monetary policy meeting, likely shedding additional light on the prospects for accelerating the expected pace of interest rate hikes.
US consumer inflation dipped in March amid plunging gasoline prices, but the annual rate rose suggesting a long-awaited uptick in price pressures could be drawing near, according to data released Wednesday.
Facebook rose 0.6 percent ahead of the second day of congressional hearings by chief executive Mark Zuckerberg, who won solid reviews in response to a barrage of questions from Senators on Tuesday.
BIST 100 index falls by over 2 percent at close, going down some 2,600 points from previous close
Policy rate, also known as one-week repo rate, remains same at 8 percent; lending rate rises 0.75 percent points
BIST 100 increases 0.29 percent; US dollar/Turkish lira exchange rate stands at 4.0850
Local units operating in manufacturing industry work at 77.3 pct capacity in April, says Central Bank
Public sector net borrowing falls by 3.5 billion pounds in 2017-18 financial year, says Office of National Statistics
Indices for service, retail trade, construction sectors fall in current month compared with March: Official data
Data monitoring company IHS Markit also flagged a slight slowdown in France, where strikes were interrupting a resurgent boom on the back of government reforms.
Treasury reports central government debt stock in March rises around 15 pct year-on-year, reaching nearly $235 billion
Sales to foreigners amounted to 1,827, 15.8 pct rise year-on-year, according to official report
BIST 100 slips 0.15 percent; US dollar/Turkish lira exchange rate stands at 4.0460
BIST 100 rises 0.01 percent; US dollar/Turkish lira exchange rate drops to 4.0250
Fresh hopes that Donald Trump and North Korea's leader Kim Jong Un will hold a historic summit within months also provided some much-needed optimism.
The fund cautioned that investors and financial markets expect a steady approach to monetary tightening based on the belief inflation will remain relatively tame.
Turkey's assets abroad go up 2.4 percent at end of February 2018, compared to end of 2017: Turkish Central Bank
BIST 100 decreases 0.12 percent; US dollar/Turkish lira exchange rate stands at 4.1020