U.S. stocks close higher

          Source: Xinhua| 2018-05-31 04:36:54|Editor: Mu Xuequan
          Video PlayerClose

          NEW YORK, May 30 (Xinhua) -- U.S. stocks closed higher on Wednesday as investors digested a slew of major economic data.

          The Dow Jones Industrial Average increased 306.33 points, or 1.26 percent, to 24,667.78. The S&P 500 increased 34.15 points, or 1.27 percent, to 2,724.01. The Nasdaq Composite Index rose 65.86 points, or 0.89 percent, to 7,462.45.

          The U.S. private sector added 178,000 jobs in May, missing the market consensus of 190,000, according to the National Employment Report released by the ADP Research Institute on Wednesday.

          The ADP figure is widely seen as a pre-indicator for the non-farm payrolls report due on Friday.

          Meanwhile, U.S. real gross domestic product (GDP) increased at an annual rate of 2.2 percent in the first quarter of 2018, according to the second estimate released by the Commerce Department on Wednesday. The economy grew 2.9 percent in the fourth quarter last year.

          Investors continued to be concerned about Italian politics.

          With an assertive move to put a temporary end to an 85-day-long stalemate, Italian President Sergio Mattarella on Monday named economist Carlo Cottarelli as Italy's new prime minister-designate.

          Cottarelli was asked to form a technical cabinet able to lead the country to snap elections -- either in late 2018 or early 2019 -- after the efforts by anti-establishment Five Star Movement (M5S) and rightwing League to form a government failed on Sunday.

          All three major indices closed lower on Tuesday amid uncertainties about Italy's political situation, with the Dow plunging 500 points at session low.

          TOP STORIES
          EDITOR’S CHOICE
          MOST VIEWED
          EXPLORE XINHUANET
          010020070750000000000000011105091372186471
          无码人妻一区二区三区四区av_亚洲精品911在线永久观看_精品一区二区国产在线观看_日韩不卡一区二区视频在线

                  天堂不卡AV一区二区三区 | 最新日韩精品中文字幕 | 日本少妇一区二区三区 | 五月婷婷第四色国产 | 五月天AV在线资源网 | 亚洲综合网伊人中文 |