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ts, seven steals and six assists. Guo Ailun of Liaoning has a season-high 32 points,
22-11-2018, 04:22
Post: #1
ts, seven steals and six assists. Guo Ailun of Liaoning has a season-high 32 points,
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NEW YORK, Sept. 10 (Xinhua) -- U.S. stocks edged up after wavering between gains and losses in midday Wednesday, as investors pondered the timing of the Federal Reserve's interest rate hike.

In midday, the Dow Jones Industrial Average gained 7.34 points, or 0.04 percent, to 17,021.21. The S&P 500 edged up 1.14 points, or 0.06 percent, to 1,989.58. The Nasdaq Composite Index rose 11. 70 points, or 0.26 percent, to 4,563.98.

Fears for an earlier-than-expected rate hike from the Fed resurfaced ahead of the central bank's monetary policy meeting next week.

A research report from the Federal Reserve Bank of San Francisco on Monday fueled such expectations. The report suggested that the low volatility in asset markets could, in part, reflect that investors expect a more accommodative monetary policy than the Fed does.

Moreover, J.P. Morgan Chief U.S. Economist Michael Feroli said in a Monday note that the Fed will, in their opinion, modify its " calendar-based guidance" embodied in the language of "considerable time" from the end of bond purchases to the first rate increase at next week's policy meeting.

On the economic front, U.S. wholesale inventories edged up 0.1 percent in July, said the Commerce Department Wednesday, below market expectations of a 0.5-percent increase. Meanwhile, wholesale sales advanced 0.7 percent.

U.S. mortgage applications decreased 7.2 percent for the week ending Sep. 5 from one week earlier, according to the Mortgage Bankers Association.

On corporate news, Apple's shares added 1.63 percent to 99.59 dollars apiece in midday one day after the tech giant unveiled two new iPhones with larger screens, iPhone 6 and iPhone 6 Plus, as well as a wearable device.

BEIJING, Jan. 8 (Xinhua) -- Former NBA player Jordan Crawford scored 72 points in a match, but not enough to deliver Tianjin a victory over Sichuan in the Chinese Basketball Association (CBA) league on Friday.

Tianjin wanted a win badly before the game, and their shooting guard Crawford got 20 points in the first quarter to help Tianjin take the lead.

In the following quarter, Crawford made efforts to take back the lead, but he could not tackle three international players of Sichuan. Tianjin would miss the playoffs with the 113-104 loss as they ranked 19th with five wins and 23 losses so far.

Five players of Sichuan made more than 10 points. Meanwhile, Chinese players of Tianjin only got 21 points.

Defending champions Beijing suffered a 108-96 loss to their old rivals Liaoning. Liaoning had the lead all the time, and their lead once reached 30 points in third quarter. Stephon Marbury of Beijing had 38 points, seven steals and six assists. Guo Ailun of Liaoning has a season-high 32 points, 10 assists, 6 rebounds and four steals.

In other games, league leader Xinjiang beat Qingdao 109-100, Foshan lost to Jiangsu 116-109, Guangdong defeated Beikong 129-111, Guangsha beat Shenzhen 104-90, Shanxi stunned Bayi 95-67, Shanghai crushed Fujian 99-85, and Shandong outscored Tongxi 98-82.

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