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Geregistreerd op: 08 Mei 2018
Berichten: 185
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 Geplaatst: 07-08-2018 09:36:05 Onderwerp: calling it the "soul o |
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NEW YORK Tarell Basham Colts Jersey , March 20 (Xinhua) -- U.S. stocks jumped Friday, with the Nasdaq Composite Index closing at a 15-year high, as investors were still embracing the dovish Federal Reserve statement amid the falling U.S. dollar.
The Dow Jones Industrial Average added 168.69 points, or 0.94 percent, to 18,127.72. The S&P 500 gained 18.79 points, or 0.90 percent, to 2,108.06. The Nasdaq rose 34.04 points, or 0.68 percent, to 5,026.42.
U.S. equities had witnessed big increases following the Fed's more dovish than expected statement on Wednesday, which indicated a rate hike would come gradually.
Analysts said the U.S. dollar was under pressure as the announcement signaled that the widely expected June rate hike was mostly off the table. Most investors believe that a soft dollar will be helpful to the U.S. economy.
The U.S. dollar slumped against other major currencies on Friday. The dollar index, which measures the greenback against six major peers, was down 1.41 percent at 97.858 in late trading.
In late New York trading, the euro increased to 1.0811 dollars from 1.0638 dollars in the previous session, while the dollar bought 120.17 Japanese yen, lower than 120.96 yen of the previous session.
On the economic front, the year-ahead inflation expectations of businesses registered 1.7 percent in March, according to the latest business inflation expectations survey released by the Federal Reserve Bank of Atlanta Friday.
In corporate news, Tiffany's shares tumbled 3.98 percent to 82. 93 dollars apiece Friday as the company's quarterly sales fell for the first time in five years due to a strong dollar. Its worldwide net sales for the fourth quarter ended Jan. 31 were 1 percent below the prior year.
Shares of Nike, the world's largest sportswear maker, climbed 3. 72 percent to 101.98 dollars apiece after it posted a better-than- expected quarterly profit. The company's diluted earnings per share for the quarter were up 19 percent from a year ago to 0.89 dollars.
Latest data from Thomson Reuters showed that S&P 500 companies' per-share earnings in the fourth quarter of 2014 are expected to grow 6.7 percent year on year. A total of 497 companies in the S&P 500 have reported quarterly results to date.
In a weekly basis, the Dow, the S&P 500 and the Nasdaq snapped their three-week losing streaks to wrap up the week with strong gains, up 2.1 percent, 2.7 percent and 3.2 percent, respectively.
The CBOE Volatility Index, often referred to as Wall Street's fear gauge, fell 7.46 percent to end at 13.02 Friday.
In other markets, oil prices rallied as the U.S. dollar depreciated against other currencies.
Light, sweet crude for April delivery gained 1.76 dollars to settle at 45.72 dollars a barrel on the New York Mercantile Exchange, while Brent crude for May delivery moved up 0.89 dollars to close at 55.32 dollars a barrel.
Gold futures on the COMEX division of the New York Mercantile Exchange rose, with the most active gold contract for April delivery up 15.60 dollars, or 1.33 percent, to settle at 1,184.60 dollars per ounce.
MADRID, Sept. 10 (Xinhua) -- Chris Froome Sunday became just the third rider in history to win the Tour de France and the Vuelta de Espana (Tour of Spain) cycling races in the same year.
Froome joined legendary French cyclists Jacques Anquetil (1963) and Bernand Hinault (1978) to complete the feat but he is the first man to win the double after Vuelta was moved to after the Tour in the cycling calendar 22 years ago.
Froome took the leader's red jersey in the third stage of the race and sealed his win with his third place finish on the Alto de L'Angliru on Saturday meaning he went into Sunday's final stage with a lead of 2 minutes and 15 seconds over Italian rider, Vincenzo Nibali and 2.51 over Russian, Ilnur Zakarin.
With the Tour de France being held in July and the Vuelta now starting in the second half of August, nobody until Froome has so far been able to recovering from the draining three weeks in France sufficiently in order to compete successfully for the race in Spain.
"I have had ups and downs in the race and that is I am grateful to my team and the public and I am relieved that I have got over the challenge," said the British rider, who was magnificently supported by his Sky Team both in Spain and in France.
"These are moments which help compensate for all of the sacrifices you make and the time you spend away from home. These days in the modern era it is very hard to win two grand tours in the same year," added Froome.
Sunday saw a procession into Madrid ending with circuits of the city center and a sprint finish in the Paseo de la Castellana where Quick Step's Matteo Trentin claimed another stage win to complete his successful Vuelta.
However all of the plaudits on Sunday go to Froome and Sky , who worke magnificently to support him throughout the race for making cycling history.
BEIJING, Jan. 19 (Xinhua) -- China's Minister of Justice Zhang Jun has underscored the importance of the Communist Party of China (CPC) leadership of lawyers, calling it the "soul of the country's legal system."
Zhang's remarks were made at a recent forum for lawyers and published in Friday's edition of the People's Daily, the flagship newspaper of the CPC.
Strengthening Party leadership of the work of lawyers is by no means just a slogan, nor a matter of expediency, Zhang said, adding that it fully accords with the national conditions and is an arrangement of the political system concerning the long-term development of the role of lawyers.
Zhang said the 19th CPC National Congress set the direction for reform and development of the role of lawyers. The report adopted at the congress stated that "the Party exercises overall leadership over all areas of endeavor in every part of the country."
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