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.
Frankfurt equities sagged despite a rally for shares in German heavy industry giant ThyssenKrupp, which announced a deal with Indian group Tata to merge their steel operations in Europe.
BIST 100 index drops 0.02 pct while US dollar/Turkish lira rate stands over 3.48
The move was seen as a bid to weather US-imposed sanctions on the embattled country.
Regulators decided in May to fine Banco Popolare di Vicenza a total of 11.2 million euros ($13.4 million), the ECB said in a press release.
BIST 100 index rises slightly 0.09 pct while US dollar/Turkish lira rate falls to 3.43
BIST 100 index rises 0.10 pct while US dollar/Turkish lira rate stands around 3.46
Borsa Istanbul's BIST 100 index goes down 0.89 pct at close, USD/TRY rate stands around at 3.44
The International Energy Agency also said production by the OPEC cartel and its allies fell in August and compliance with their pact to cut supply to the markets increased.
BIST 100 index rises 0.11 pct while US dollar/Turkish lira rate stands around 3.40
Loan to be used to increase domestic savings, enhance economic participation, ensure sustainable growth, says Treasury
Demand, government incentives, reforms cited as reasons for better-than-expected GDP growth