World Bulletin / News Desk
Wall Street stocks fell early Wednesday on worries about President Donald Trump's agenda following reports that he tried to quash an FBI investigation.
But US stocks were firmly lower early Wednesday, a recognition that "lawmakers and legal experts are saying this may qualify for obstruction of justice, which is considered an impeachable offense," said Briefing.com.
Even with Wednesday's early losses, US stocks remain at lofty levels as a better-than-expected earnings season winds down.
About 15 minutes into trading, the Dow Jones Industrial Average stood at 20,818.40, up 0.8 percent.
The broad-based S&P 500 dropped 0.7 percent to 2,383.56, while the tech-rich Nasdaq Composite Index shed 0.8 percent to 6,120.14, retreating from Tuesday's record.
Target jumped 3.5 percent after reporting a 7.7 percent increase in first-quarter earnings to $681 million in results that bested analyst expectations.
Ford fell 0.6 percent as it announced plans to cut 1,400 jobs in North America and Asia as part of a cost-cutting drive.
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
Hong Kong and China ended down after fluctuating through the morning on data showing the world's number two economy expanded in January-March at the same rate as the previous three months.
For Turkey, Germany is a very important, indispensable partner: Turkish Energy Minister Albayrak says in Berlin
BIST 100 rises 0.69 percent; US dollar/Turkish lira exchange rate stands at 4.0830
The United States, Britain and France carried out attacks at the weekend on alleged chemical weapons facilities, in response to what they say was a toxic gas attack by the Russia-backed Assad regime a week before.
Excluding interest payments, central government budget balance saw surplus of nearly $500M in first quarter of 2018
London's FTSE 100 index fell 0.1 percent to 7,254.83 points, with UK advertising giant WPP diving four percent after chief executive Martin Sorrell resigned over the weekend.