Turkey woes see Wall Street end week on sour note

Dow Jones Industrial Average fall on weak energy stocks

The Russell 2000 gained 13.43 points, or 0.8 percent. The Dow Jones Small-Cap Growth TSM Index closed at 10,474.34 for a loss of -18.84 points or -0.18%.

Crude oil prices failed to make a decisive recovery on Thursday even though the USA sanctions against Iran went into effect on Thursday and the S&P 500 Energy Index closed the day 0.9% lower.

Bank shares led the way lower in the U.S.as Bank of America, Goldman Sachs and Morgan Stanley all dropped at least 1 percent.

Shares of Apple rose 1 percent, while those of Amazon were up 0.5 percent and Microsoft 0.3 percent.

The Russell 2000 is up 151.29 points, or 9.9 percent.

The Canadian dollar averaged 76.26 cents USA, down 0.43 of a USA cent.

Microchip Technology shares fell 11.6 percent after disappointing second-quarter revenue forecast.

The euro was down 0.5% to $1.1463 and the dollar hit a one-year high as investors looked for safe assets, before falling slightly.

New Zealand marches towards a greener future; bans single-use plastic bags
In a press statement, Sage said she was confident New Zealanders, whether in support or not, would embrace the change. The group said it would begin to offer a range of pay-for plastic-free reusable bags.

The geopolitical turmoil in Turkey is certainly making waves across the global economies, particularly in the United States where the Dow Jones Industrial Average fell over 200 points today.

"Problems in emerging markets are more important than ever because of the global growth engine that emerging markets have become", Peter Cecchini, chief market strategist at Cantor Fitzgerald in NY, wrote in a note.

The S&P 500 is up 179.97 points, or 6.7 per cent.

Tesla Inc's (TSLA.O) shares also fell to a two-day low and wiped out all of the gains fueled by Chief Executive Elon Musk's recent tweet announcing a plan to take the company private.

The Dow is up 790.01 points, or 3.2 per cent.

The S&P index recorded 21 new 52-week highs and three new lows, while the Nasdaq recorded 63 new highs and 65 new lows.

Declining issues outnumbered advancers for a 2.34-to-1 ratio on the NYSE.

Related News:

  • 'We have to be like Rocky' - Klopp comments on Liverpool's title chances

    'We have to be like Rocky' - Klopp comments on Liverpool's title chances

    We jump into the water and we dive until we don't have oxygen anymore. We can improve everything. 'You ask me about the gap with City. City got three points from us, we got three points from them.
    Actress Sean Young Wanted For Questioning In Queens Burglary

    Actress Sean Young Wanted For Questioning In Queens Burglary

    The case was settled out of court and Young denied the allegations in a 2007 interview with Entertainment Weekly . Actress Sean Young could be in trouble with the NYPD - they want to question her about a brazen daytime robbery.
    Airline worker steals empty plane, crashes in into island

    Airline worker steals empty plane, crashes in into island

    He flew it for an hour, followed by two armed F-15 jets from OR that the military scrambled , before he crashed. Video showed fiery flames amid trees on the island, which is sparsely populated and only accessible by ferry.
  • Man Utd ace Pogba: I don't care about money

    Man Utd ace Pogba: I don't care about money

    They spent more money than us, so in the Premier League we must get used to teams with players of the same quality that we have. There's point doing things because you love it'. "If you are enjoying what you do you give your the best.
    Medication given to sick killer whale at sea to save her

    Medication given to sick killer whale at sea to save her

    This is an animal that is a sentient being, ' Deborah Giles, science and research director for the nonprofit Wild Orc said. Scientists are anxious about her and will watch her but don't have plans to help her or remove the calf.
    Discord store could change the way PC games are bought and played

    Discord store could change the way PC games are bought and played

    It's not clear how long the beta will run, but we've reached out to Discord itself and will report back when we know more. If that wasn't enough, Discord is teaming up with indie studios to bring specific games to the platform first.
  • Chelsea Confirmed Lineup vs Huddersfield: Kepa, Jorginho make Premier League debut

    Chelsea Confirmed Lineup vs Huddersfield: Kepa, Jorginho make Premier League debut

    Huddersfield fans will have felt the half-time score was harsh, but Chelsea set about extending their lead after the restart. It took us a while to get going, but once we did, Huddersfield didn't stand a chance.
    Tiger Woods roars back into contention at USPGA Championship

    Tiger Woods roars back into contention at USPGA Championship

    All of the other nuances of playing the year's final major have been washed away by downpours on Tuesday and Friday. Presidents Cup team dating to 1994. "After this week I could just retire, it's been so incredible ".

    13 numbers to know about Round 3 at the PGA Championship

    Rory McIlroy opened with seven straight pars, and then he belted a drive 359 yards on the par-5 eighth hole when the rain arrived. Finau shot a 1-under par 69 in Saturday's third round of the PGA Championship at Bellerive Country Club in St.
  • NCAA Unveils A Number Of Major Changes To Rules & Policies

    NCAA Unveils A Number Of Major Changes To Rules & Policies

    Furthermore, reports have surfaced that USA Basketball isn't interested in grading high school players as "elite" or not. The NCAA has announced changes to rules regarding highly-touted basketball prospects.
    News Corp heralds digital on way to $US1.4b loss

    News Corp heralds digital on way to $US1.4b loss

    The loss is the second in as many fiscal years for the publishing giant, after posting a US$643 million negative effort in FY17. In December , Australia's competition watchdog the ACCC gave the proposed merger between Foxtel and Fox Sports the green light.
    National Football League  player responds to Trump's tweet

    National Football League player responds to Trump's tweet

    Trump, who triggered an uproar previous year after condemning players protesting social injustice, lashed out again after two Miami Dolphins players took a knee during a pre-season game on Thursday.


Most liked

British pound falls lower against dollar, euro
Still, analysts expect the Pound's recovery was limited and was due to rebound rather than any optimistic news. At the time of writing on Thursday afternoon, GBP/EUR trended in the region of 1.1120.

Trump calls Omarosa a 'low-life'; says Sessions is 'scared stiff'
She acknowledges she had never been able to obtain or hear the tapes but said three unnamed sources had described their contents. White House press secretary Sarah Sanders said: 'This book is riddled with lies and false accusations.

Torchlight Frontiers announced for 2019
You'll still be teaming up, hacking and slashing enemies and collecting loot. We're proud to have Echtra Games as a part of the company.

Will Muschamp slams 'gutless' reporting of Maryland football allegations
The report from ESPN shared the scary details surrounding McNair's death, which called into question the Maryland training staff. Matt Canada will serve as interim head coach.

NASA launches historic mission to 'touch sun'
NASA rocket Delta IV launched the Parker Solar Probe out into space to begin its historic journey to the sun. These solar outbursts are poorly understood, but pack the potential to wipe out power to millions of people.

DC, Charlottesville on edge as white nationalists prepare to rally
Students say they're disgusted with the school because it didn't waive medical feels for last year's rally victims. In the wake of the demonstrations, Mr Trump said that there was " blame on both sides " for the violence.

Gary Lineker says Richarlison bargain signing for Everton at £40m
Michael Keane rose highest the ball pinballed off a defender before allowing Richarlison to bang home into an empty net. Despite being down to ten men, the Blues came out of the half-time the better of the two sides and regained their lead.

Scrappy Spurs open with away win in Newcastle
An increasingly open second period surprisingly failed to produce further addition to the score, as both goalkeepers excelled. Tottenham's second goal was simple in its construction and should have been comfortably dealt with.

Anderson takes five as India 107 all out at stumps
On the Day 2, English bowlers used the conditions perfectly and restricted India for just 107 runs in the first innings. But Bairstow, as he's often done before, held firm while attacking the loose ball.

Victor Moses revels in 'great' Chelsea start against Huddersfield Town
After Eden Hazard's introduction, he drove at the heart of the Huddersfield defence before passing to Pedro. The two goals were Chelsea's only two shots on target in the first half.

Ford will be racing the Mustang in NASCAR for 2019
All 13 Ford drivers in the Cup Series were on hand for the unveiling in addition to various team owners. Over the last three years, the Mustang has also been the best-selling sports vehicle in the world.

Excitement as English Premier League kicks off Friday
Ayew, who has 11 goals in 49 appearances for Ghana, scored 11 times for Swansea last season as he impressed in a struggling side. Champion Manchester City had already signed winger Riyad Mahrez for a club-record GBP60 million from Leicester City .

BC government announces proposed changes to ICBC rates
It is built around ensuring the vehicle rather than the driver and allows discounts to drivers despite multiple crashes. But crashes caused by the learner before they get their licence won't be counted in their driving history.

Bielsa Won’t Get Carried Away After Leeds Hammer Lampard’s Derby
Roofe slammed the ball high past Carson to register his second of the game. Carson made a great save and Tomori blocked the rebound. Subs not used: Roos, Forsyth, Pearce, Marriott.

Garbage Truck Driver Facing DWI Charges In Bicyclist’s Death Near Central Park
The NYPD's Collision Investigation Squad is investigating the incident, which happened near 70 Central Park West . Madison's wall listed her as a former Swim Instructor at Leisurelink and a student of MacKillop College .