NEW YORK， Aug. 17 (Xinhua) -- U.S. stocks reversed early losses to end mildly higher Wednesday， as investors digested the U.S. Federal Reserve's minutes from its July meeting.
The Dow Jones Industrial Average rose 21.92 points， or 0.12 percent， to 18，573.94. The S&P 500 added 4.07 points， or 0.19 percent， to 2，182.22. The Nasdaq Composite Index edged up 1.55 points， or 0.03 percent， to 5，228.66.
According to the minutes released in the afternoon， some voting Federal Reserve policymakers expect that a U.S. interest rate increase will be needed soon， although there is general agreement that more data is needed before such a move.
"The information reviewed for the July 26-27 meeting indicated that labor market conditions generally improved in June and that growth in real gross domestic product was moderate in the second quarter，" said the minutes.
Meanwhile， New York Fed President William Dudley， a voting member of the Federal Open Market Committee， said Tuesday that a rate hike as soon as September was "possible".
Atlanta Fed President Dennis Lockhart echoed Tuesday that there could be one or two rate increases this year.
"On balance traders see a reduced risk of rate hikes (after the release of the minutes)， especially compared to yesterday when Dudley warned the market odds were too low. As much as some at the Fed would like to hike， there are just too many potential pitfalls to carry a majority in September，" said Chris Low， chief economist at FTN Financial.
In corporate news， shares of Target plunged 6.43 percent to 70.63 U.S. dollars apiece Wednesday after the U.S. retailer lowered its full-year earnings guidance.
BEIJING http://www.hotspurfcpro.com/Kids-Blank-Jersey/ , Aug. 30 (Xinhua) -- China wants to build stronger partnerships within and beyond the five BRICS countries during the upcoming BRICS Xiamen Summit, Chinese Foreign Minister Wang Yi said here Wednesday.
Speaking at a press briefing on the summit, Wang said that China expects outcomes in several areas, including strengthening economic and security cooperation, increasing cultural and people-to-people exchanges http://www.hotspurfcpro.com/Kids-Ben-Davies-Jersey/ , enhancing institutional building, as well as promoting stronger partnerships with other emerging market countries and developing countries.
China will hold the BRICS Business Forum from Sept. 3 to 4, which will be the largest so far, Wang said.
Chinese President Xi Jinping will attend the opening ceremony of the forum and deliver a keynote speech, reviewing the progress that BRICS countries have made in the past ten years and looking to the future. Leaders of some other countries will also address the forum.
The BRICS Xiamen Summit opens on Sept. 4.
Xi will chair a small meeting of BRICS leaders http://www.hotspurfcpro.com/ , discussing world economy, global governance, international and regional hotspot issues, and national security and development. A larger meeting will focus on deepening cooperation, promoting cultural and people-to-people exchanges http://www.hotspurfcpro.com/Kids-Victor-Wanyama-Jersey/ , as well as enhancing institutional building.
The BRICS leaders will also attend the opening ceremony of the BRICS Cultural Festival and Photo Exhibition, a meeting of the BRICS Business Council and a signing ceremony, which will be followed by a welcome banquet hosted by Xi and his wife, Peng Liyuan.
THREE PILLARS
The BRICS mechanism has entered a new stage featuring the three pillars of economic cooperation, political and security cooperation http://www.hotspurfcpro.com/Kids-Toby-Alderweireld-Jersey/ , and people-to-people exchanges, Wang said. He added that there will be an increase in cultural activities involving BRICS countries this year as China holds the BRICS chairmanship.
China held the 2017 BRICS Games in its southern city of Guangzhou in June, marking the first comprehensive multilateral sports and cultural exchanges under the framework of BRICS cooperation.
China has also held a media forum, film festival, traditional medicine meeting and young diplomats forum http://www.hotspurfcpro.com/Kids-Son-Heung-Min-Jersey/ , to promote friendship and understanding between the peoples of BRICS countries.
"The leaders of the BRICS countries will continue to accumulate consensus on strengthening people-to-people exchanges during the upcoming BRICS Xiamen Summit," Wang said.
BEYOND BRICS
Xi will chair the Dialogue of Emerging Markets and Developing Countries on Sept. 5, which will be attended by the leaders from the five BRICS countries, as well as the leaders of Egypt, Mexico http://www.hotspurfcpro.com/Kids-Serge-Aurier-Jersey/ , Tajikistan, Guinea and Thailand.
"It is in the interests of all sides to strengthen cooperation among emerging markets and developing countries through the BRICS platform, therefore China has proposed the 'BRICS plus' concept based on past experiences," Wang said.
The dialogue will focus on deepening cooperation and promoting common development, and a statement will be released on the outcomes achieved on implementing a sustainable development agenda http://www.hotspurfcpro.com/Kids-Paulo-Gazzaniga-Jersey/ , promoting South-South cooperation, building partnerships and improving global governance.
Xi will hold a press conference after the dialogue to summarize the outcomes of the BRICS Xiamen Summit.
"China stands ready to work with other BRICS countries to make BRICS cooperation bigger, stronger and more solid to benefit not only the five BRICS countries, but also the whole world," Wang said.
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NAIROBI http://www.hotspurfcpro.com/Kids-Moussa-Sissoko-Jersey/ , May 8 (Xinhua) -- Kenya's doping controversy got murkier Thursday when a ministerial probe committee confirmed that the vice is practised beyond track and field.
Rugby and football, the two other sports with huge following in the country, have their athletes engaged in the vice and Moni Wekesa, the Chairman of the Probe Committee, has asked the government to rein in and address the issue.
""After the three months work across the country http://www.hotspurfcpro.com/Kids-Mousa-Dembele-Jersey/ , we found out that rugby players have been using food supplements laced with banned substances. It is normal in their practice,"" he said.
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31.08.2018 09:49
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