2 years ago

Wall Street ends higher as rate hike worries ease

U.S. stocks rose on Monday as expectations the Federal Reserve could postpone longer on raising U.S. rates offset concerns over Friday's surprisingly weak monthly jobs report.

The jobs report arrived well below expectations, with data showing U.S. employers last month added the fewest jobs in at least a year. U.S. stock markets were closed to the Good Friday holiday.

Underscoring the cost-effective weakness, an ISM set of Monday showed the pace of increase in the U.S. services sector fell in March to its minimum in three months.

"The weekend allowed market participants to discover the positive side of the weak Friday (jobs) number, that is that rates probably aren't planning to rise right away," said Rick Meckler, president of fund LibertyView Capital Management in Jersey City, Nj.

The Fed is expected to get U.S. mortgage rates later this year first in almost a decade if your economy, particularly the labor market, keeps improving.

The S&P utilities sector, which has a tendency to outperform in low interest rate environments, rose 1.3 %, turning it into among the best-performing sectors for the day.

The S&P energy sector, up 1.8 percent, led gains as U.S. petroleum futures jumped 6.1 percent after Saudi Arabia raised its cost for sales to Asia and estimates for crude buildups fell.

The Dow Jones industrial average ro

2 years ago

Turkey lifts Twitter ban after images of slain prosecutor removed from micro-blogging site

Turkey lifts Twitter ban after images of slain prosecutor removed from micro-blogging site

Turkey has lifted a ban on Twitter following micro-blogging site complied featuring its request to remove photographs of your slain Istanbul prosecutor.

Turkish authorities had banned access earlier from the day to Twitter and YouTube after a judge imposed a block on usage of social media sites showing photographs of Mehmet Selim Kiraz, held at gunpoint by far and away-left militants and taken hours before he was killed inside a shootout last week.

"Twitter has opted for de-activate accounts and take away images in relation to last week's hostage-taking," a Turkish official told Reuters prior to the site became accessible again.

Talks with YouTube remained as underway, the Turkish official said.

Google was ordered to remove controversial content for the prosecutor, otherwise access to it'd be also blocked.

Facebook said hello had complied which has a order from the court requiring it to limit access to some content or face a block on its service.

A corporation spokesman said it would appeal your order.

Presidential spokesman Ibrahim Kalin said a prosecutor had sought the block on entry to social media marketing sites because some media organisations had acted "just as if they were spreading terrorist propaganda" in sharing the photographs.

"This has regarding the publishing from the prosecutor's picture. What actually transpired a direct consequence [of the prosecutor's killing] will be as grim since the incident itself," he explained.

"The demand in the prosecutor's office is that this image not used anywhere in electronic platforms."

Kiraz's family 'deeply upset' over hostage standoff images

Istanbul prosecutor Mehmet Selim Kiraz died from his wounds last Tuesday after security forces stormed your place of work where members from the far-left Revolutionary People's Liberation Party-Front (DHKP-C) had taken him hostage.

His two captors were also killed.

The DHKP-C had published an image of Mr Kiraz with a gun to his head and said it would kill him unless its demands were met.

"The wife and youngsters of prosecutor Kiraz are already deeply upset. The pictures are everywhere," a senior Turkish official said.

Earlier, YouTube ran the words of any court ruling on its site saying an "administration measure" ended up being implemented from the country's telecommunications authority, TIB.

Turkey temporarily blocked Twitter and YouTube inside run-up to local elections in March 2014 after audio recordings purportedly showing corruption in then-chancellor Tayyip Erdogan's ingroup were leaked for their sites.

That decision caused a public uproar and drew heavy international criticism. New Orleans entertainment service

Turkey filed over 5 times more content removal requests to Twitter than every other country inside the last half of 2014, data published in February through the micro-blogging site showed. New Orleans asian girl

This past year, Turkey tightened laws allowing sites to get blocked by the authorities more easily.