World Bulletin / News Desk
The stock market opened lower Thursday extending its losses.
The Dow fell 38 points to begin trading at 20,568 points and the S&P 500 lost 2 points to 2,354 points. The two indexes declined around 1.8 percent on Wednesday, marking their worst single-day performances since September.
The Nasdaq decreased 11 points to start the day at 5,999 points, after losing 2.5 percent Wednesday -- its biggest single-day decline since June.
The recent developments surrounding President Donald Trump have adversely affected the confidence of investors, according to experts.
Trump reportedly asked former FBI Director James Comey in February to terminate an investigation into former National Security Advisor Michael Flynn's Russia contacts.
Oil prices tumble after OPEC extends production cuts
3 major indexes close with gains for fourth trading day in row
Agency expects China's financial strength ‘to erode somewhat over the coming years’
The British capital's FTSE 100 index of leading blue-chip companies wobbled between gains and losses during the day, before finally closing down 0.2 percent.
BIST 100 index opens 0.17 percent lower; US dollar/Turkish lira rate stands at around 3.57
With his tough rhetoric on winning back American jobs, President Trump's elevation to the White House has raised serious fears over a new protectionist era.
Southeast Asia's third-biggest economy expanded 5.6 percent on-year in January-March period, compared with 4.1 percent in the same period last year and 4.5 percent in October-December.
Uber Freight aims to connect truckers with shippers by taking piece of $256B industry
BIST 100 index falls 0.27 percent while US dollar/Turkish lira rate stands at 3.59
The White House, already reeling over a number of controversies, denied that Trump pressured former FBI chief James Comey to stop a probe into ex-national security advisor Michael Flynn over contacts with Russia.
Lloyds bank is back in private hands having reduced the government's stake to zero, resulting in 27.4 billion returning to the taxpayer
BIST 100 index falls 0.26 percent while US dollar/Turkish lira rate stands at 3.54