An aerial drone photo taken on Feb. 2, 2024 shows a container vessel berthing at the smart zero-carbon terminal of Tianjin Port in north China’s Tianjin. (Xinhua/Zhao Zishuo) BEIJING, March 18 (Xinhua) — China’s fixed-asset investment went up 4.2 percent year on year in the first two months of this year, 1.2 percentage points higher
Here are five key things investors need to know to start the trading day: 1. Dow highs The Dow Jones Industrial Average hit a new intraday record and closed at a record high on Monday. The 30-stock index closed up 65.44 points, or 0.16%, after rallying more than 200 points earlier in the day. The S&P 500 and the Nasdaq
Representatives from Central Coast Community Energy (3CE) will be available to answer questions about available rebates for replacement projects with all-electric agricultural equipment under the Ag Electrification Program. Information provided by APCD invites community members to experience multiple types of electric equipment eligible to receive funding under the APCD’s Clean Air Grants for Off-Road Equipment
Photo: shironosov (Getty Images) In This Story The stock market has maintained a bullish trend for some time, rebounding from earlier losses experienced at the beginning of the month. This upward momentum is largely driven by strong economic data, which has bolstered investor confidence in potential interest rate cuts and favorable macroeconomic policies. How will
A gold rush is here. The precious metal hit an all time high this week. The spot price for gold closed Tuesday above $2,514, according to data from FactSet. That’s the highest closing price recorded for the commodity to date. Here’s what you need to know. What is the price of gold today? The spot
Gold prices are holding near record highs, moving in a tight range as market participants stay cautious ahead of the FOMC minutes released later today. The latter are expected to offer clues about the Federal Reserve’s policies outlook. Traders are also waiting for Fed Chair Powell’s speech at the Jackson Hole Symposium this Friday, which
Crude oil futures continue to point lower due to persistent weak demand from China. In July, China’s crude oil imports from Russia fell by 7.4% year-on-year, driven by sluggish domestic fuel demand and slower economic growth. This marked the lowest level since September 2022, as the ongoing property crisis weighs on the Chinese economy. In
Gold has outperformed the broader U.S. stock market this year, and Wall Street is turning more bullish on the precious metal as the Federal Reserve gets closer to rate cuts. Bullion has jumped about 21% in 2024, while the S&P 500 has climbed 16%. On Friday, gold shot up as much as 2.2% to a
A drone photo taken on Feb. 1, 2024 shows people working at an auto parts factory in Liuyang City, central China’s Hunan Province. (Xinhua/Chen Zeguo) BEIJING, May 17 (Xinhua) — China’s fixed-asset investment has maintained steady growth in the first four months of 2024, buoyed by government policies designed to expand effective investment. Fixed-asset investment
This aerial drone photo taken on July 10, 2024 shows the construction site of the Zhongning converter station in northwest China’s Ningxia Hui Autonomous Region. (Xinhua/Wang Peng) BEIJING, July 15 (Xinhua) — China’s fixed-asset investment continued stable growth in the first half of 2024, with high-tech sectors witnessing a robust capital influx, data from the