NEW YORK Air Max 2017 Sale Clearance , June 18 (Xinhua) -- U.S. stocks rallied Wednesday, with the S&P 500 closing at a new all-time high, as investors cheered dovish remarks by Federal Reserve Chair Janet Yellen following the Fed's two-day policy meeting.
The S&P 500 climbed 14.99 points, or 0.77 percent, to close at a record high of 1 Air Max 2018 Sale Clearance ,956.98 points, after hitting an all-time intraday high of 1,957.74 points. The Dow Jones Industrial Average rose 98.13 points, or 0.58 percent, to 16 Air Max 90 Sale Clearance ,906.62. The Nasdaq Composite Index ticked up 25.60 points, or 0.59 percent, to 4,362. 84.
The major stock indices spiked after the Fed announced another 10-billion-U.S. dollar reduction in its monthly bond purchase to 35 billion dollars, pointing to signs of a strengthening economy after a brutal winter.
The Fed said in a statement issued after the meeting that "a highly accommodative stance of monetary policy remains appropriate Air Max Sale Clearance , " while lowering its economic growth rate for 2014 from its March projections.
The stock market accelerated jumping after Yellen said at a press conference half an hour after the statement that recent pickup in consumer price index is noisy, while emphasizing that the Fed has no set timing whatsoever for interest rate increase.
The U.S. CPI rose 0.4 percent in May following a 0.3-percent increase in April, said the Labor Department Tuesday.
Additionally, the Fed chief also comforted investors by saying that U.S. equity prices appeared to be at historical norms.
Economic data released Wednesday showed that U.S. mortgage applications slumped 9.2 percent last week, according to a survey from the Mortgage Bankers Association.
In corporate news Nike Air Max 2017 Sale , FedEx shares climbed 6.16 percent to 148.95 dollars after the economic bellwether reported Wednesday earnings of 2.46 dollars a piece per diluted share for the fourth quarter ended May 31 for fiscal 2014 on revenues of 11.8 billion dollars, both of which beat market estimates.
BEIJING, July 5 (Xinhua) -- Wikileaks' latest revelation shows that Brazilian President Dilma Rousseff is another state leader that has been wiretapped by the U.S. National Security Agency (NSA), exposing again the U.S. hypocrisy and arrogance on cyber security.
According to a release by the whistleblower website, U.S. intelligence workers targeted Rousseff herself but also her aides Nike Air Max 2018 Sale , secretary, chief of staff and the presidential palace and even the phone in the Presidential jet.
Economy chiefs of the Brazilian establishment were under surveillance as well, with finance ministers and the governor of the Brazilian Central Bank on the target list.
The irony is that only months ago at the summit of the Americas in Panama, U.S. President Barack Obama reassured Rousseff that NSA would not spy on allied leaders anymore.
It seems Obama is either unable to call off the spying program on Rousseff as he has promised, or simply never meant to walk his talk.
Relations between the two countries have chilled for quite some time after former U.S. intelligence employee Edward Snowden revealed in 2013 that Rouseff was one of the foreign leaders whose phone was tapped by the NSA.
Though it is almost impossible for a third party to confirm the authenticity of Wikileak's claims regarding U.S. eavesdropping on Rousseff Nike Air Max 90 Sale , many tend to believe they are true given the U.S. track record.
It has been revealed that the NSA monitored the phone conservations of at least 35 world leaders, including Germany Chancellor Agela Merkel, French President Francois Hollande and several former French presidents.
Repeated wiretapping scandals have indicated that Washington has never treated anyone as a true friend, not even its allies: probably they are merely chess pieces for Uncle Tom to maintain its global supremacy.
Using the Internet and the most advanced technologies it has developed, Washington has gained access to a lot of private and classified information. Sadly Nike Air Max Sale , it has abused the advantage it has gained over other countries through its sophisticated spying and hacking programs.
Ironically, science and technology are a double-edged sword, which has also enabled Snowden and WikiLeaks to enlighten the world about the less than honorable things the United States has been conducting in the dark.
BEIJING, March 24 (Xinhua) -- Beijing 2022 began on Tuesday the first of a five-day schedule of venues visits and presentations for the International Olympic Committee (IOC) Evaluation Commission with a pledge to show the IOC Evaluation Commission members a "Beijing that they would not expect."
With many Evaluation Commission members familiar with the city following a spectacular Beijing 2008 Olympic and Paralympic Games, the day will include an overview of the strong Olympic legacy Air Max 2017 Sale , modern infrastructure and proven reliability the city offers today.
An opening ceremony was held Tuesday morning to mark the official start of the visit, with the Beijing 2022 delegation led by Chinese vice premier Liu Yandong, and including athletes and senior Beijing 2022 Bid officials.
Liu Yandong delivered the opening remarks by pledging the full support of the Chinese government towards the Beijing 2022 Bid. "We will honor our commitment made in the Candidature File and provide solid financial and legal guarantee in hosting the 2022 Olympic and Paralympic Winter Games," said Liu.
Wang Anshun, Mayor of Beijing and President of the Beijing 2022 Bid Committee Air Max 2018 Sale , said: "Beijing 2022 is capable and confident of staging a most memorable and joyful rendezvous that will fully embody the spirit of the Olympic Agenda 2020."
Alexander Zhukov, Chairman of the IOC Evaluation Commission for the 2022 Olympic Winter Games, said during a speech at the opening ceremony, "The success of the last Evaluation Commission visit in 2001 and the 2008 Olympic Games which followed are well known. But some years have passed since the last visit. Cheap Jerseys Cheap Jerseys From China Cheap NHL Jerseys China Cheap NFL Jerseys China Cheap College Hockey Jerseys Cheap Authentic MLB Jerseys Cheap Authentic Soccer Jerseys Cheap Football Jerseys Cheap College Hockey Jerseys Cheap NBA Basketball Jerseys