During today's Turkish central bank meeting, the market anticipated a rate cut between 200-300 pips.
American shares are mixed
On Friday, American shares were mixed after the settlement because profits in the Telecoms, Oil & Gas, and Utilities sectors underpinned equities. Meanwhile, losses in the Consumer Services, Industrials, and Technology sectors suppressed stocks.
The Dow Jones Industrial Average gained 0.49%, the S&P 500 index added 0.22%, while the NASDAQ Composite index decreased by 0.15%.
As for the top-notch gainers of the trading marathon on the Dow Jones Industrial Average, they were represented by the Travelers Companies Inc that surged by 2.53% hitting 128.77 at the close. Besides this, UnitedHealth Group Incorporated surged by 2.33% showing 271.11, while McDonald’s Corporation rallied by up to 2.20% demonstrating 187.59.
As for the main losers of the trading marathon, one should point to Walmart Inc that slumped by about 1.86% coming up with an outcome of 97.69. Additionally, Boeing Co lost 1.65% hitting 335.95, while Visa Inc decreased by 1.17% demonstrating 140.18.
On the S&P 500 the top-notch gainers were represented by Pacific Gas & Electric Co that went up by 37.54% hitting 24.40, Edison International that surged by 15.38% reaching 54.45 as well as NetApp Inc that managed to surge by 4.38% showing 71.89.
On the contrary, the worst performers including NVIDIA Corporation that tumbled by 18.76% coming up with 164.43, Nordstrom Inc that sank by 13.66% showing 50.93, while Activision Blizzard Inc lost 4.89% trading at 50.94 at the close.
On the NASDAQ Composite the best gainers included TESARO Inc that surged by 31.48% showing 34.96, while EMC Insurance Group Inc went up by up to 30.26% demonstrating a reading of 31.25, while the Dixie Group Inc surged by up to 15.98% ending up with a result of 0.980.
On the New York Stock Exchange rallying shares outclassed diving ones by 1606 to 1455, while 96 didn’t change.
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