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NEW YORK Under Armour Mens Shoes Outlet , Feb. 19 (Xinhua) -- U.S. stocks continued to be on a record-setting trajectory for the past week, with all three major indices closing at record highs for three times out of the five sessions, as investors digested Federal Reserve Chair Janet Yellen's remarks and a batch of economic data from the country.
For the week Under Armour Womens Shoes Outlet , all three major indices posted solid gains, with the Dow, the S&P 500 and the Nasdaq jumping 1.7 percent Under Armour Shoes Outlet , 1.5 percent and 1.8 percent, respectively.
Yellen said on Tuesday that the Fed will consider whether to raise interest rates at upcoming meetings.
"At our upcoming meetings, the (Federal Open Market) Committee will evaluate whether employment and inflation are continuing to evolve in line with these expectations Under Armour Training Shoes , in which case a further adjustment of the federal funds rate would likely be appropriate," said Yellen in her testimony before the Senate Banking, Housing and Urban Affairs Committee.
She gave an upbeat assessment of the economy Under Armour Basketball Shoes , saying that the economy has continued to make progress toward the maximum employment and price stability objectives.
On the economic front, the Producer Price Index for final demand increased 0.6 percent in January, seasonally adjusted Under Armour Running Shoes , beating market consensus of 0.3 percent, the U.S. Labor Department reported Tuesday.
The Consumer Price Index (CPI) for all urban consumers increased 0.6 percent in January on a seasonally adjusted basis, beating market consensus of 0.3 percent Under Armour Youth Shoes , the U.S. Labor Department reported Wednesday.
Over the last 12 months, the all items index rose 2.5 percent before seasonal adjustment.
The Commerce Department announced Wednesday that advance estimates of U.S. retail and food services sales for January 2017 came in at 472.1 billion U.S. dollars, an increase of 0.4 percent from the previous month and above market estimates of 0.1 percent.
Investors were also encouraged by remarks from U.S. President Donald Trump. He continued to tout his economic agenda in a meeting with retail CEOs on Wednesday.
He said the administration remains "focused on the issues that will bring economic growth. That's what we're all about Under Armour Boys Shoes ," according to the CNBC.
U.S. stocks have posted sharp gains since Trump won the presidential election last November, as investors bet that he would pursue massive corporate tax cuts, deregulation and infrastructure spending.
Moreover Under Armour Kids Shoes , the earnings season was in spotlight. The latest data from Thomson Reuters showed that the S&P 500 companies' blended earnings in the fourth quarter of 2016 are expected to rise 7.3 percent year on year, while the revenues are forecast to increase 4.3 percent.
The market will be closed Monday for the Presidents Day holiday.
by Xinhua special correspondent Jing Haipeng and Chen Dong
ABOARD TIANGONG-2, Nov. 16 (Xinhua) -- Chinese astronauts Jing Haipeng and Chen Dong are currently on a 33-day space journey and acting as Xinhua special correspondents. On Tuesday, they talked with their copy desk on earth for the first time.
Following is the text of the conversation.
Li Keyong (associate director of Xinhua All-Media Service): Hello, mission commander Jing Haipeng and Chen Dong! On behalf of all the comrades at Xinhua News Agency, and entrusted by leaders of Xinhua, I want to extend our special respect and gratitude to you, two special colleagues! The space journals which you authored as Xinhua's special correspondents have registered over 100 million views. This is the first time in history that astronauts have sent reports back to Earth as news correspondents. In front of audiences nationwide and worldwide, do you want to say anything?
Jing Haipeng: So far, Shenzhou-11 has been in space for exactly 30 days. During these 30 days, after work we look out through the porthole to see the landscape and view the world. When the spaceship is over China, we two feel especially excited. Honestly, even in the wildernesses of space, we can always feel the love from our motherland and families, as well as the encouragement, care and support of Chinese all over the world. We would like to take this opportunity to thank people all over China and to extend best wishes to Chinese around the world.
Li Keyong: After a few more days, you will come back to Earth. As you are about to say goodbye to space, could you describe your feelings?
Jing Haipeng: Our leaders, colleagues and comrades-in-arms on earth have been supporting us these days. They work around the clock, cheer us on and provide us with all-round support. There are still two more days to go, and we will be more meticulous and strict on every detail so as to ensure safety of the payload.
Chen Dong: I feel a bit reluctant to depart but I also feel happy and thrilled. I feel reluctant because soon we will be leaving Tiangong-2, where we have lived and worked for 30 days. It is like our home in space so I still have a sense of reluctance and attachment. I feel happy and thrilled because we are getting back to our "big family" soon, back to our Earth, and back to our motherland. We will get the rest of the work done well, accomplish the mission safely and return to our motherland and home.
Li Keyong: What work do you still need to do?
Jing Haipeng: All work is progressing on schedule. There is also some preparatory work to be done: first, recovering experimental data; second, cleaning up the compartment; third, setting up the conditions before leaving Tiangong.
Most of the experiments have been completed and some data transmitted back to Earth. The rest is saved on memory cards to be taken back to earth due to the large size of the data set. Vegetables grown in space and the silkworm cocoons will also be brought back. Urine and saliva samples, as well as microorganisms sampled before leaving orbit will also be brought back onto the ground for analysis.
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