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MOSCOW? May 29

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PostPosted: Tue Aug 07, 2018 10:25 am    Post subject: MOSCOW? May 29 Reply with quote

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NEW YORK? June 6 (Xinhua) -- U.S. stocks traded higher in the morning session on Monday? as investors awaited U.S. Federal Reserve Chair Janet Yellen's speech scheduled for midday after a weak jobs report.

By noon? the Dow Jones Industrial Average gained 111.39 points? or 0.63 percent? to 17?918.45. The S&P 500 rose 9.94 points? or 0.47 percent? to 2?109.07. The Nasdaq Composite Index was up 21.14 points? or 0.43 percent? to 4?963.66.

Traders will keep a close eye on her comments for clues on the timing of the next interest rate hike.

""Janet Yellen won't be asked to anything heroic today? but she will be under some pressure when she speaks at 12:30 to the World Affairs Council in Philadelphia?"" said Stephen Guilfoyle? managing director at Deep Value? on Monday.

Wall Street expected that a sharp decline in hiring situation may push back the central bank's decision to raise interest rates in June.

The U.S. total nonfarm payroll employment increased by 38?000 in May? well below the market consensus of 158?000 and notching the fewest monthly job gain in almost six years? the Labor Department reported Friday.

The unemployment rate? however? declined by 0.3 percentage point to 4.7 percent in May.

Some analysts believed that a June rate hike is off the table after the disappointing jobs report? but July is still possible.

U.S. stocks pared part of early losses to end modestly lower Friday? as the country's nonfarm payrolls data came out much worse than expected.

" "

MOSCOW? May 29 (Xinhua) -- Energy cooperation has become the pillar of the Russia-China economic partnership? while bilateral interaction is expected to speed up in all economic fields.

Russian Deputy Prime Minister Arkady Dvorkovich expressed the confidence that bilateral economic cooperation would continue to grow steadily in various fields.

""China is a key foreign political partner of Russia and our main trading partner?"" Dvorkovich told Xinhua in a written interview on Wednesday.

He noted that bilateral cooperation would be further coordinated during Chinese Vice Premier Zhang Gaoli's visit to Russia on May 30-31 for the 13th meeting of the China-Russia Energy Cooperation Committee and the second forum on China-Russia small- and medium-sized companies.

""At the meeting on energy cooperation? we plan to discuss all the issues that are at the center of our attention? namely the interaction and implementation of projects in the fields of oil? gas? electric energy? nuclear power? coal and some others?"" Dvorkovich. Wholesale Jerseys Wholesale Jerseys From China Wholesale NCAA Jerseys From China Wholesale NBA Jerseys From China Wholesale Cheap Jerseys Wholesale Authentic Jerseys Cheap NCAA Jerseys From China Cheap New Nike NBA Jerseys Cheap Jerseys Cheap NBA Jerseys
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