NEW YORK Cheap Soccer Hats Free Shipping , March 9 (Xinhua) -- U.S. stocks posted modest gains on Monday, as investors re-assessed the impact of February's strong jobs data while no major releases are due during the day.
The Dow Jones Industrial Average jumped 138.94 points, or 0.78 percent, to 17,995.72. The S&P 500 added 8.17 points, or 0.39 percent, to 2 Cheap Soccer Hoodies Free Shipping ,079.43. The Nasdaq Composite Index was up 15.07 points, or 0.31 percent, to 4,942.44.
U.S. equities witnessed a sharp decline Friday, as investors worried that a strong monthly jobs report heightened speculations that the Federal Reserve could raise interest rates sooner than expected.
Traders were wondering that the markets might overreact to the jobs report, as hourly wages only ticked up 0.1 percent, missing market consensus.
The coming week's economic-data schedule looks light Cheap Soccer Shirts Free Shipping , while Thursday's release of retail sales will be the economic highlight of the week.
Apple was in focus Monday as the tech giant unveiled its first wearable product, known as Apple Watch. The smart watch is the company's newest device in years. Its previous device, iPad, was released in 2010.
Priced at 349 U.S. dollars for the base model, Apple Watch works mostly with iPhone and claims to carry more features and facilitates more applications, or apps, than parallel products on the market.
Among basic functions Cheap Soccer Jerseys Free Shipping , it shows email, texts and phone calls, news and fitness readings, as well as weather forecast and personal schedules.
Apple also announced a series of updates to some of the company 's products and services before unveiling Apple Watch.
Apple shares climbed as much as 2.35 percent following the announcement of its updates, but then shaved most gains to end mildly higher, up 0.43 percent to 127.14 dollars apiece, as markets were kind of disappointed about the wearable product.
Overseas Cheap Soccer Hats China , the European Central Bank began its 60 billion euros per month bond buying program on Monday with the aim to fend off deflation and boost the eurozone economy by pumping more money into the real economy.
The CBOE Volatility Index, often referred to as Wall Street's fear gauge, decreased 0.92 percent to end at 15.06 Monday.
In other markets, U.S. crude price rebounded as investors re- evaluated the impact of robust February jobs data.
Light, sweet crude for April delivery gained 39 cents to settle at 50.00 dollars a barrel on the New York Mercantile Exchange.
The dollar went down against most major currencies as investors took profits from gains on the country's strong nonfarm payrolls released Friday.
In late New York trading, the euro was flat at 1.0858 dollars as in the previous session, while the dollar bought 121.18 Japanese yen Cheap Soccer Hoodies China , higher than 120.69 yen of the previous session.
Gold futures on the COMEX division of the Nymex rose as the dollar weakened and continued uncertainty in Greece boosted the precious metal.
The most active gold contract for April delivery rose 2.2 dollars, or 0.19 percent, to settle at 1,166.50 dollars per ounce.
U.S. Federal Reserve Chair Janet Yellen speaks during a news conference in Washington D.C., the United States, on Dec. 13, 2017. The U.S. Federal Reserve on Wednesday raised the benchmark interest rate by 25 basis points Cheap Soccer Shirts China , the third such increase in 2017. (XinhuaYin Bogu)
WASHINGTON, Dec. 13 (Xinhua) -- The U.S. Federal Reserve on Wednesday raised the benchmark interest rate by 25 basis points, the third such increase in 2017.
"In view of realized and expected labor market conditions and inflation, the (Federal Open Market) Committee decided to raise the target range for the federal funds rate to 1.25 to 1.5 percent," said the Fed in a statement after concluding a two-day monetary policy meeting.
The central bank officials still envisioned three more rate hikes in 2018, unchanged from their forecast in September, according to the latest quarterly projections released on Wednesday.
Fed officials continued to hold upbeat assessment of the overall economy and job market and remained concerned over the soft inflation reading.
"Information received since the Federal Open Market Committee met in November indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate Cheap Soccer Jerseys China ," said the statement.
According to officials' forecast, the U.S. economy will grow 2.5 percent both in 2017 and 2018, higher than their forecasts in September which projected a 2.4 percent growth for 2017 and 2.1 percent increase for 2018.
In view of recent solid job growth, Fed officials expected the unemployment rate will maintain at 4.1 percent by the end of 2017, lower than September's forecast of 4.3 percent.
The jobless rate will further drop to 3.9 percent in 2018.
However, it pointed out the declines of overall and core inflation indexes this year and reiterated that it is monitoring inflation developments closely.
Fed officials slightly revised up their forecast for inflation in 2017 to 1.7 percent from September's projection of 1.6 percent.
Due to the soft inflation reading, presidents of Chicago Fed and Minneapolis Fed voted against the decision Cheap Soccer Hats , arguing that the central bank should keep interest rate unchanged at this meeting.
by Le Phuong
HO CHI MINH CITY, Sept. 1 (Xinhua) -- People across Vietnam are celebrating the 69th anniversary of the August 1945 Revolution and National Day (Sept. 2) with memories of the previous landmarks and with full pride of their socio-economic development achieved over the past years.
In Autumn 1945, the Vietnamese people, under the banner of the Communist Party of Vietnam, achieved a resounding victory with the August Revolution, which finally broke the yoke of both colonialism and feudalism.