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|NEW YORK cheap nike shox black , Sept. 25 (Xinhua) -- U.S. stocks slid on Monday asWall Street digested latest comments from Federal Reserveofficials.
The Dow Jones Industrial Average fell 53.50 points, or 0.24percent, to 22,296.09. The S&P 500 lost 5.56 points, or 0.22percent cheap nike shox shoes , to 2,496.66. The Nasdaq Composite Index dipped 56.33points, or 0.88 percent, to 6,370.59.
New York Federal Reserve President William Dudley said Mondaythat factors restraining price pressures should disappear withtime cheap nike shox retro , allowing the U.S. central bank to maintain its gradual paceof monetary policy tightening, according to Bloomberg.
Inflation should pick up with "the fading of effects from anumber of temporary, idiosyncratic factors," stabilizing around theFed's two-percent goal over the medium term, he added.
Meanwhile cheap nike shox china , Chicago Fed President Charles Evans said that hebroadly agrees with his colleagues who believe rates should risegradually to about 2.7 percent over the next two years or so, fromthe current range of between one percent and 1.25 percent.
Technology sector, the biggest laggard among the S&P 500's10 sectors, tumbled 1.42 percent on Monday, as sharp declines inbig tech companies cheap nike shox sale , including Apple, Facebook and Amazon, weighedon investor sentiment.
Overseas, the German elections were in focus. The conservativeunion led by German Chancellor Angela Merkel on Sunday defended itscommanding role in the Bundestag (German parliament) with 32.5percent of the vote. Enditem
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NEW YORK， July 12 (Xinhua) -- Oil prices rebounded as much as 4 percent on Tuesday from two-month lows in the previous session as investors were covering short positions.
Analysts said the market has gotten really short over the past two weeks with everyone focused on weaker fundamentals and now we are seeing sudden covering.
Moreover， oil prices were supported by a weaker U.S. dollar. The dollar index， which tracks the greenback against six major peers， was down 0.10 percent at 96.479 in late trading.
A weaker greenback increased investor sentiment， which made the dollar-denominated oil more attractive for holders of other currencies.
The West Texas Intermediate for August delivery added 2.04 U.S. dollars to settle at 46.80 U.S. dollars a barrel on the New York Mercantile Exchange， while Brent crude for September delivery gained 2.22 U.S. dollars to close at 48.47 U.S. dollars a barrel on the London ICE Futures Exchange. Enditem
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