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 Posted: 18-09-2018 08:30:03 Post subject: banks and a further dent i |
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NEW YORK black vans old skool womens , March 27 (Xinhua) -- U.S. stocks closed mixed Monday, with the Dow Jones Industrial Average extending its losing streak to an eighth straight day, after the House pulled a key healthcare bill ahead of a vote last Friday.
The Dow Jones Industrial Average fell 45.74 points, or 0.22 percent, to 20,550.98. The S&P 500 lost 2.39 points yeezy boost 350 v2 cream white uk , or 0.10 percent, to 2,341.59. The Nasdaq Composite Index increased 11.64 points, or 0.20 percent, to 5,840.37.
House Republicans pulled their healthcare bill on Friday as they failed to get enough support for it adidas superstar 80s metal toe white , throwing the future of one of their top legislative priorities into serious doubt.
The House vote is crucial for U.S. President Donald Trump's agenda. Trump had said the repeal and replacement of Obamacare must happen before action can be taken on his other plans, including a major tax reduction.
Analysts said there appears to be growing concerns that Trump's tax reform, infrastructure spending and deregulation may take longer to pass than initially thought.
"In the wake of Friday's healthcare debacle, Trump tweeted ironic congratulations to the Freedom Caucus for saving Obamacare and is reaching out to Democrats. Markets are shaken, to say the least, at the possible end of the Trump trade adidas superstar glitter stripes ," said Chris Low, chief economist at FTN Financial, in a note.
There is no major economic report due Monday.
Overseas, European equities declined Monday. German benchmark DAX index at Frankfurt Stock Exchange inched down 0.57 percent, while British benchmark FTSE 100 Index dipped 0.59 percent.
In Asia, Chinese stocks also ended slightly lower Monday as analysts said liquidity pressure offset upbeat industrial profit data. The benchmark Shanghai Composite Index edged down 0.08 percent to 3 superstars rose gold ,266.96 points.
ANKARA, Sept. 17 (Xinhua) -- Turkish President Recep Tayyip Erdogan will visit Iran in October, amid rising tension over Iraqi Kurdistan Regional Government's (KRG) independence referendum on Sept. 25, local media said Sunday.
Erdogan and Iranian President Hassan Rouhani will preside at the fifth Turkey-Iran High Level Strategic Council meeting on Oct. 4 in Tehran, local Hurriyet Daily News reported.
The upcoming visit would focus on bilateral relationships and the regional developments, especially situations in Iraq and Syria adidas pharrell superstar hot pink , Erdogan said in a televised interview over the weekend.
The fight against terror is also an important topic, he added.
Erdogan also announced that Turkey's Chief of General Staff Gen. Hulusi Akar would also pay a visit to Iran prior to his scheduled trip on Oct. 4.
The Turkey-Iran relations has revived recently, with their common interests on Kurdish issues and security cooperation. On Aug. 16, Iran's Chief of General Staff Mohammad Bagheri paid a visit to Ankara and discussed ways to fight terrorism as well as border security with his Turkish counterpart.
Flower terraces set up on Tian'anmen Square for upcoming National Day
China-US Ping-Pang diplomacy commemorated at headquarters of UN
Scenery of Jianmen Pass in China's Sichuan
Shanghai temple's historic move completed
Special snacks displayed during 14th China-ASEAN Expo
Scenery of paddy fields in Baicheng, NE China's Jilin
China Focus: World's oldest panda dies aged 37
Scenery of terraced fields at Wuyishan in SE China's Fujian
WASHINGTON, Feb. 11 (Xinhua) -- In her first testimony to the Congress adidas superstar 2 womens white , U.S. Federal Reserve Chair Janet Yellen reiterated central bank's plan to taper its stimulus exit despite recent weakness in the economy.
The current economic situation and outlook, as well as the monetary policy, were the main focus of the hearing held twice a year.
Yellen told lawmakers she expected "a great deal of continuity" in the central bank's monetary policy, saying that she served on the Fed policy-setting committee as the bank formulated its current policy strategy and she strongly supported that strategy.
Yellen, 67, took the oath of office to lead the Federal Reserve System on Feb. 3 adidas superstar 2 mens size 7 , succeeding Ben Bernanke, who stepped down after eight turbulent years. She was previously the Fed's vice Chair.
In the public debut in her new role, Yellen said while the economy gained steam at the end of 2013, recovery in the U.S. labor market was "far from complete," underscoring the importance of considering more than just the unemployment rate when evaluating the conditions of the labor market.
Her point of keeping an eye on wider range of labor indicators is particularly important as the unemployment rate, now at 6.6 percent adidas superstar 2 uk , is near the 6.5 percent threshold the Fed once identified as the level that would need to be reached before officials would consider a hike in the interest rates.
"If coming information broadly supports the Committee's expectation of ongoing improvement in labor market conditions and inflation moving back toward its long-run objective, the Committee will likely reduce the pace of asset purchases in further measured steps at future meetings," Yellen indicated steady pullback in Fed stimulus, referring to the Federal Open Market Committee, which sets monetary policy.
While admitting she was "surprised" by the two recent jobs reports that showed the pace of job creation running under what she had expected, Yellen cautioned against jumping to conclusions of the longer trend. She told the Congress that the Fed needs to see a "notable change" in the economic outlook to consider pausing its withdrawal of stimulus.
The Fed trimmed its monthly purchases of Treasury and mortgage- backed securities by a total of 10 billion dollars in both December and January adidas superstar slip on khaki , citing strengthening economy and continued improvement in the labor market.
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