An electronic screen displaying trading data is seen at the New York Stock Exchange in New York Air Max 97 OG GS Homme Nike Chaussures Bleu Pas Cher , the United States, on Feb. 5, 2018. U.S. stocks closed sharply lower on Monday, with the Dow plummeting 4.60 percent, as the market took a heavy hit from panic sales. (XinhuaWang Ying)
NEW YORK, Feb. 5 (Xinhua) -- U.S. stocks closed sharply lower on Monday, with the Dow plummeting 4.60 percent, as the market took a heavy hit from panic sales.
The Dow Jones Industrial Average dropped 1 Homme Nike Air Max 97 KPU TPU Chaussures Bleu Rouge ,175.21 points, or 4.60 percent, to 24,345.75. The S&P 500 slumped 113.19 points, or 4.10 percent, to 2,648.94. The Nasdaq Composite Index sank 273.42 points, or 3.78 percent Homme Air Max 97 Noir Pas Cher Acheter , to 6,967.53.
Monday's rout extended a steep sell-off from the previous session. On Friday, U.S. stocks plunged, with the Dow slumping over 650 points, as investors worried that the Federal Reserve may hike rates on a faster pace after an upbeat jobs report.
U.S. total nonfarm payroll employment increased by 200,000 in January, beating market consensus, and the unemployment rate stayed unchanged at 4.1 percent Acheter Air Max 97 Noir Argent Pas Cher , the Labor Department reported Friday.
Analysts said the market is now thinking about the possibility of the Fed raising interest rates four times this year, after the central bank in December suggested three more increases in 2018.
Investor sentiment was also dampened by a global rout in stock markets. Most European and Asian equity markets finished sharply lower Monday, with Japanese stocks suffering their biggest one-day drop since Nov. 9, 2016.
On the economic front, the ISM Non-Manufacturing Index registered 59.9 percent in January, 3.9 percentage points higher than the seasonally adjusted December reading and beating market consensus of 56.2, the Institute for Supply Management (ISM) said Monday.
Meanwhile, the seasonally adjusted final IHS Markit U.S. Services Business Activity Index registered 53.3 in January Homme Nike Air Max 97 OG GS Chaussures Blanche , in line with market expectations.
RIYADH, July 30 (Xinhua) -- Saudi security forces have arrested nine terror suspects including Abbas Ali Mohammed Al-Mazroue wanted for instigating riots in the eastern township of Awamiya last year, local media reported Tuesday.
According to an Interior Ministry spokesman, police arrested the nine suspects on Monday after receiving information on their whereabouts in Awamiya, and many of them were wanted in criminal cases including drug trafficking.
"Security forces raided their hideout and arrested them all," the spokesman said, adding that police came under fire during the operation but no one was hurt in the gun battle.
He reaffirmed the Interior Ministry's determination to track down all wanted militants and urged all fugitive terror suspects to turn themselves in.
He also warned that those who give wanted militants shelter or assistance will be held responsible for their actions.
by Zheng Jianghua
BRUSSELS, Aug. 3 (Xinhua) ---- The newly--adopted U.S. sanctions against Russia sparked a backlash in the European Union (EU) and risks further damaging transatlantic relations Homme Nike Air Max 97 OG GS Argent Blanche Rouge , which have already been soured since Donald Trump took office, a senior analyst cautioned.
Critics of Nord Stream--2, a twin pipeline system via the Baltic Sea transporting natural gas from Russia to the EU, will "view the U.S. sanctions as a chance to put pressure on Berlin to end its support for the project," wrote Judy Dempsey, non--resident senior fellow of Brussels--based think tank Carnegie Europe, underscoring that the European unity is at stake.
In the wake of Trump signing into law a sanctions bill against countries of Russia, Iran and the Democratic People's Republic of Korea (DPRK) Acheter Homme Nike Air Max 97 Or Blanche Pas Cher , European Commission President Jean Claude--Juncker on Wednesday warned that the EU was ready to take "appropriate steps" if European firms' interests are undermined.
Prior to Trump's grudging green--light to the bill, the U.S. House of Representatives in a rare bipartisan move approved the sanctions bill by a vote of 419 to 3 with the Senate passing the bill by 98 to 2.
The near--unanimous congressional approval indicated a bipartisan consensus to punish Russia for the Ukraine crisis and its alleged meddling in the 2016 presidential election, which Moscow had for long been strongly denied.
Trump described the bill as "seriously flawed," but still signed it "for the sake of national unity."
Under the bill, companies supporting Russia in building energy export pipelines would be fined, a prospect that irks the EU as five European energy companies are involved in the Russia energy giant Gazprom--led Nord Stream--2 project.
The project aims to expand an existing gas pipeline from Russia to Germany under the Baltic Sea, bypassing the territory of Ukraine, Poland and the Baltic states.
Supporters of Nord Stream 2 Air Max 97 Summit White Pas Cher Homme , notably Germany and Austria, argue that the project will diversify the EU's gas imports at a time when the bloc's own gas production is dwindling. Critics such as Poland, Slovakia and the Baltic states, regard it as a geopolitical project contradicting the plan to create the European energy union and lessen Europe's overreliance on Russian gas.
Moreover, Ukraine, the current major transit country for Russian gas exports to Europe, dreads losing transit fees once the project is set in motion at the end of 2019, when Ukraine's gas transit agreement with Russia's Gazprom expires.
Russia then plans to switch its gas transit route for European countries to the Turkish Stream and Nord Stream routes air max tn blanche femme , bypassing Ukraine.
But the fallout of the U.S. sanctions bill goes far beyond the Nord Stream--2, Dempsey noted, underlining that European firm working with Russian energy company Lukoil, which is developing the large Shah Deniz gas field in Azerbaijan, would also be fined.
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