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|NEW YORK Cheap Calgary Flames Jerseys , Nov. 12 (Xinhua) -- U.S. stocks extended losses Thursday, as worries about a year-end rate hike and a plunge in oil prices weighed on market sentiment.
The Dow Jones Industrial Average shed 254.15 points, or 1.44 percent, to 17,448.07. The S&P 500 dipped 29.03 points, or 1.40 percent, to 2 Cheap Buffalo Sabres Jerseys ,045.97. The Nasdaq Composite Index slid 61.94 points, or 1.22 percent, to 5,005.08.
As the U.S. jobs report for October came out much stronger than expected, it is widely believed that the Federal Reserve will pull the trigger on an interest rate hike next month.
On Thursday, fresh remarks from several Fed officials further strengthened the case for a December rate liftoff.
Chicago Fed President Charles Evans said in a speech that the Fed is close to reaching its employment mandate, but added he is less confident about reaching the inflation goal within a reasonable time frame.
Richmond Fed President Jeffrey Lacker said he does not think that recent low inflation "implies a more permanent departure from our target."
St. Louis Fed President James Bullard said the Fed is quite close to normal with an unemployment rate of 5 percent and inflation only slightly below target.
Meanwhile Cheap Boston Bruins Jerseys , the market took a hit by a sharp decline in oil prices, which plunged Thursday after the U.S. Energy Information Administration (EIA) reported a larger-than-expected increase in U.S. crude stockpiles last week.
The West Texas Intermediate for December delivery moved down 1.18 dollars to settle at 41.75 dollars a barrel on the New York Mercantile Exchange, while Brent crude for December delivery decreased 1.75 dollars to close at 44.06 dollars a barrel on the London ICE Futures Exchange.
Dragged by falling oil prices, the energy sector sank 2.39 percent as the biggest loser among the S&P 500's ten sectors.
On the economic front, in the week ending Nov. 7, the advance figure for seasonally adjusted initial claims was 276,000 Cheap Arizona Coyotes Jerseys , unchanged from the previous week's unrevised level, said the U.S. Labor Department Thursday.
The four-week moving average was 267,750, an increase of 5,000 from the previous week's unrevised average of 262,750, but still hovering around the lowest level in years.
In a separate report Cheap Anaheim Ducks Jerseys , the department reported that the number of job openings was little changed at 5.5 million on the last business day of September.
Overseas, European equities suffered big losses Thursday, with French benchmark index CAC 40 decreasing 1.94 percent, although European Central Bank President Mario Draghi reiterated that the monetary policy will continue to expand.
In Asia, Chinese shares closed lower after volatile trading Thursday, with the benchmark Shanghai Composite Index down 0.48 percent to close at 3,632.9 points.
The CBOE Volatility Index Wholesale Jerseys China , often referred to as Wall Street's fear gauge, rose 14.38 percent to end at 18.37 Thursday.
In other markets, the U.S. dollar decreased against most major currencies on Thursday as investors took profits on the greenback's recent gains.
In late New York trading, the euro rose to 1.0792 dollars from 1.0743 dollars in the previous session, while the dollar bought 122.66 Japanese yen, lower than 122.90 yen of the previous session.
Gold futures on the COMEX division of the New York Mercantile Exchange fell on Thursday, with the most active gold contract for December delivery down 3.9 dollars Wholesale Hockey Jerseys , or 0.36 percent, to settle at 1,081.00 dollars per ounce.
BEIJING, Oct. 8 (Xinhua) -- China reported less traffic-relateddeaths and road accidents during the eight-day National Day holidayfrom Oct. 1 to 8, according to the Ministry of Public Security.
The number of deaths from road accidents caused by speeding,drunk driving and fatigue driving plummeted 72.3 percent year onyear, while the number of road accidents causing casualties alsodeclined 78 percent Wholesale NHL Jerseys , the traffic bureau of the ministry saidSunday. It did not detail the exact number of deaths.
As of 5 p.m. Sunday, 14 traffic accidents with more than threedeaths had been reported, which was 12.5 percent less than lastyear, said the ministry.
Nationwide, traffic flow increased over 15 percent in theholiday, and more than 215,000 police officers were dispatched eachday on average Wholesale Jerseys , said the ministry. Enditem
When you stated 'fireworks' most people will think of an aerial shell that's fired to the sky and explodes. The history of fireworks goes back thousands of years to the time of the Han dynasty in China. Gunpowder was used by Chinese to make firecrackers and weapons.
In Line With the legend, some common kitchen fixings were combined by a chef with all the Chinese military like charcoal, saltpeter and sulphur. Then he dropped these fixings unwittingly into fireplace and this generated a vivid vibrant flame. He was therefore excited and attempted to burn off it in a shut bamboo shoot, and that resulted in a enormous explosion. Due to this occurrence, the fundamental firecracker came to be. This rough black powder was so named by the Chinese as 'huo yao' significance 'fire substance'. Historical Chinese firework was likewise utilized in spiritual ceremonies, triumph celebrations and nuptials.
Li Tian set-off fireworks in your community and dispelled wicked. Following that, the folks there resided and caused prosperity. The folks of the Track dynasty additionally erected a temple to idolize Li Tian.
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