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Arab Today, arab today Wall Street closing

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U.S. stocks finished higher on Wednesday, with all three major indexes rising about 1 percent, as investors welcomed a rise in durable goods orders. In world markets, European stocks ended higher, led by the DAX in Germany rising 2.7 percent. Asian markets ended lower, with the declines led by the Hang Seng in Hong Kong falling 2.1 percent. In U.S. economic news, orders for durable goods rose 4 percent in July, after falling 1.3 percent the previous month, according to a report from the Commerce Department. Economists were looking for a 1.9 rise in orders. Meanwhile, the Congressional Budget Office (CBO) said the United States is on track to accumulate a $1.3 trillion deficit this year, marking the third consecutive year of over $1 trillion in deficits. The Dow Jones industrial average rose 143.95, or 1.3 percent, to 11,320.71. The broader Standard & Poor’s 500 index rose 15.25, or 1.3 percent, to 1,177.60. The technology-heavy Nasdaq composite index rose 21.63, or 0.9 percent, to 2,467.69.

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GMT 21:25 2017 Wednesday ,24 May

Egypt bourse rebounds at beginning of trading

GMT 03:39 2017 Wednesday ,24 May

Saudi stocks drag lower before Ramadan

GMT 05:41 2017 Tuesday ,23 May

Tadawul index stays almost flat

GMT 20:24 2017 Saturday ,20 May

US Stocks Close Higher

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%
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