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Turkish Markets Sink Most in World as Erdogan Deepens Purge

(Bloomberg) -- Turkey’s lira sank, an equity selloff triggered a trading halt, and government bond yields surged to the highest levels this year as investors dumped the nation’s assets after the arrest of a key rival to President Recep Tayyip Erdogan. Most Read from BloombergWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsA Malibu Model for Residents on the Fire FrontlinesDespite Cost-Cutting Moves, Trump Plans to Remake DC in

Foreign Funds Pile Into Indian Debt Even as They Dump Stocks

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsA Malibu Model for Residents on the Fire FrontlinesDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleGlobal funds are set to boost their holdings of Indian bonds in March by the most in six

Stock market today: Wall Street rises ahead of Fed announcement

U.S. stock indexes are rising Wednesday as Wall Street waits to hear what the Federal Reserve will say in the afternoon about where interest rates may be heading. The S&P 500 was up 0.7% in morning trading. The relatively quiet trading is a respite following weeks of sharp and scary swings for the U.S. stock market.