New York Stock Exchange (Anadolu photo) ANKARA - Major US stock indexes closed with losses Tuesday in a volatile session amid uncertainties over whether the Federal Reserve will signal an interest rate increase soon and rising geopolitical tensions. The S&P 500 ended down 53.68 points, or 1.2 percent, at 4,356, while the technology-heavy Nasdaq Composite closed down 315.83 points, or 2.28 percent, at 13,539. The blue-chip Dow Jones Industrial Average finished 66.77 points lower, or down 0.2 percent, at 34,297. Meanwhile, European stocks ended the day higher. The STOXX Europe 600, which includes around 90 percent of the market capitalization of the European market in 17 countries, rose 1.53 points, or 0.32 percent, to close at 485.29 after hitting an all-time high of 485.57 during the trading session. London's FTSE 100 was the best performer of the day, rising 44 points, or 0.6 percent, to a record close of 7,384.18. The index reached an all-time high of 7,394.41 during trading
MANILA -The Philippine Stock Exchange index (PSEi) closed the week in the green while the peso slightly gained on Friday. The PSEi continued to recover its losses after a volatile trading since news of the Omicron variant emerged in late November. The local stock market increased by 22.65 points, or 0.32 percent, to 7,055.9, with All Shares rising 17.70 points, or 0.47 percent, to 3,790.20. Half of the counters gained including Property, up by 72.66 points to 3,216.71; Financials, up by 20.51 points to 1,558.49; and Services, up by 8.42 points to 1,938.52. Losers were led by Mining and Oil, down by 106.80 points to 9,362.03; Industrial, down by 54.87 points to 10,307.05; and Holding Firms, down by 45.80 points to 6,796.39. "A broad rally on Wall Street pushed stocks sentiment across the region in the green including the Philippines, as the PSEi market continued (to) recoup some of its losses after several days of volatile trading," Regina Capital Development Corp. managing di