August 7, 2025

US Stocks Close Higher with Gains Across Major Indices

New york: Major stock indices on Wall Street closed higher at the end of trading today. The Standard and Poor’s 500 index closed up 46.06 points, or 0.72 percent, to close at 6,344.67.

According to Qatar News Agency, the Nasdaq Composite Index also r…

Industries Qatar Reports 27% Decline in Net Profits for H1 2025

Doha: Industries Qatar Company reported a 27% drop in net profits for the first half of 2025, reaching QAR 1.955 billion compared to QAR 2.660 billion during the same period last year.

According to Qatar News Agency, the company’s financial data sho…

Dollar Declines Due to US Economy Slowdown Concerns

Doha: The dollar continued its decline against a basket of major currencies Thursday, amid growing expectations that the Federal Reserve (US central bank) will cut interest rates to stimulate the economy. The dollar index, which measures the performan…