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|NEW YORK Uomo Nike Air Max 2017 KPU Rosse Nere Scontate , Aug. 26 (Xinhua) -- U.S. stocks drifted higher midday Tuesday, propelling the S&P 500 and the Dow Jones Industrial Average to new record highs amid generally positive economic data.
At midday, the Dow Jones Industrial Average jumped 52.24 points, or 0.31 percent, to 17,129.11. The S&P 500 gained 4.34 points, or 0.22 percent Uomo Nike Air Max 2017 KPU Bianche Italia , to 2,002.26. The Nasdaq Composite Index added 11.52 points, or 0.25 percent, to 4,568.87.
The broader S&P 500 hit 2,005.04 points in the morning session, another all-time intraday high above 2 Vendita Uomo Nike Air Max 2017 KPU Nere Bianche ,000 points after it crossed above the psychologically important level for the first time in intraday trading Monday.
The blue-chip Dow also rose to a record high of 17,153.80 points, eclipsing its previous intraday record of set on July 17.
On the economic front, new orders for manufactured durable goods in July skyrocketed 22.6 percent, boosted by a 318-percent surge in orders for commercial aircraft, said the U.S. Commerce Department Tuesday. The increase was the biggest since 1992 and far exceeded analysts' expectations.
U.S. consumer confidence, which reached the highest level since October 2007 in July Offerte Uomo Nike Air Max 2017 Nere , improved further in August, the New York- based research group Conference Board said. The Conference Board Consumer Confidence Index climbed to 92.4 in August from 90.3 in July, beating market expectations.
U.S. home prices continued to rise in June but at a slower pace, according to a survey released Tuesday by S&P Dow Jones Indices for its S&PCase-Shiller Home Price Indices.
Another report by the Federal Housing Finance Agency showed that U.S. house prices rose 0.8 percent in the second quarter, representing the twelfth consecutive quarterly price increase in the purchase-only, seasonally adjusted House Price Index.
Robust merger and acquisition deals gave additional support for the market. Burger King on Tuesday confirmed that it plans to acquire Canadian coffee-and-doughnut chain Tim Hortons for about 11 billion U.S. dollars to create the world's third largest quick service restaurant company. Billionaire investors Warren Buffett is reportedly helping finance the deal.
Jeremy Siegel, professor at the Wharton School of the University of Pennsylvania nike air max 95 nere scontate , told CNBC Tuesday that he thinks the bull market still has room to run thanks to strong economic numbers and the second quarter earnings. According to him, the Dow is on track for 18,000 points by year end and he wouldn't be surprised if the blue-chip index reaches 19,000.
BEIJING, March 29 (Xinhua) -- A mainland spokesperson said Wednesday that an arms race between Taiwan and the mainland would only harm Taiwan compatriots.
"We resolutely oppose Taiwan engaging in military and official exchanges of any form with countries having diplomatic relations with the People's Republic of China," said Ma Xiaoguang, spokesperson for the State Council's Taiwan Affairs Office nike air vapormax uomo scontate , at a press conference.
"It will lead nowhere if Taiwan's authorities attempt to guard their wrong political path with bluffs or so-called military strategies," Ma said, adding that it would only increase tension and confrontation between the two sides and hinder social and economic development on the island.
Ma reiterated that the foundation of the peaceful development of cross-Strait relations lied in opposing "Taiwan independence" and adhering to the 1992 consensus.
"We hope the Taiwan side can go back on the right track," he said. "As the foundation established by the mainland and Taiwan since 2008 has been impaired, Taiwan independence forces have been itching to make trouble, and have organized frequent activities."
"If we just let things go their way, I think both sides know very well about the risks and influence it will bring to cross-Strait relations nike air max tn nere scontate , peace and stability across the Taiwan Strait, and the future of Taiwan," Ma said.
WASHINGTON, Feb. 11 (Xinhua) -- In her first testimony to the Congress, 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 nike air max 2017 uomo scontate , 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, 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 nike air max 2017 bianche scontate ," 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, 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.
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