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NEW YORK Cheap Nike Air Max 1 Womens , March 11 (Xinhua) -- U.S. stocks posted solid gains Friday, as investors continued to assess the impacts of the European Central Bank (ECB) decision to cut its benchmark interest rate to a record low of zero percent.


The Dow Jones Industrial Average surged 218.12 points, or 1.28 percent, to 17 Cheap Nike Air Max 90 Womens ,213.31. The S&P 500 leapt 32.62 points, or 1.64 percent, to 2,022.19. The Nasdaq Composite Index gained 86.31 points Cheap Nike Air Max Womens , or 1.85 percent, to 4,748.47.


The ECB cut interest rates on Thursday to boost the euro-zone economy, surprising financial markets by dropping its main refinancing rate to zero from 0.05 percent.


It also expanded its quantitative easing asset-buying program to 80 billion euros (89.08 billion U.S. dollars) a month from 60 billion euros (66.81 billion dollars) and cut its deposit rate to -0.4 percent from -0.3 percent Cheap Air Max 1 Womens , charging banks more to keep their money with the ECB.


ECB President Mario Draghi said the Governing Council expects the key ECB interest rates to remain at present or lower levels for an extended period of time.


European equities rebounded strongly Friday after the ECB move. German benchmark DAX index at Frankfurt Stock Exchange surged 3.51 percent, while French benchmark index CAC 40 soared 3.27 percent.


In Asia, Chinese shares rose on Friday after two days of losses as securities, high-speed rail and gold-related sectors performed well. The benchmark Shanghai Composite Index edged up 0.2 percent to close at 2 Cheap Air Max 90 Womens ,810.31 points.


On the economic front, U.S. Import and Export Price Indexes came out better than expected. In February, U.S. import prices fell by 0.3 percent, while export prices decreased 0.4 percent Cheap Air Max Womens , the Labor Department reported Friday.


In a weekly basis, all three major indices posted gains for a fourth straight week, with the Dow, the S&P 500 and the Nasdaq moving up 1.2 percent Cheap Nike Air Max 1 Online , 1.1 percent and 0.7 percent, respectively.


The CBOE Volatility Index, often referred to as Wall Street's fear gauge, fell 8.59 percent to end at 16.50 Friday.


In other markets Cheap Nike Air Max 90 Online , oil prices rose Friday as data showed oil producers are cutting output.


The West Texas Intermediate for April delivery moved up 66 cents to settle at 38.5 dollars a barrel on the New York Mercantile Exchange, while Brent crude for May delivery increased 34 cents to close at 40.39 dollars a barrel on the London ICE Futures Exchange.


The U.S. dollar increased against the euro on Friday after an ECB official signaled the bank may unleash more stimulus plans in the future.


In late New York trading, the euro fell to 1.1155 dollars from 1.1206 dollars in the previous session, while the dollar bought 113.73 Japanese yen Cheap Nike Air Max Online , higher than 112.99 yen of the previous session.


Gold futures on the COMEX division of the New York Mercantile Exchange fell on Friday as U.S. equities rebounded sharply.


The most active gold contract for April delivery lost 13.4 dollars, or 1.05 percent, to settle at 1,259.40 dollars per ounce.




By Yoo Seungki


SEOUL, Nov. 18 (Xinhua) -- Public opinion in South Korea shows signs of division as the scandal-hit President Park Geun-hye pushes for a bilateral military pact with Japan to directly exchange intelligence on the Democratic People's Republic of Korea (DPRK).


A survey by Gallup Korea, a local pollster, showed 59 percent opposing it as they believe Seoul should refrain from strengthening military cooperation with Tokyo unrepentant of its brutalities during World War II. The Korean Peninsula was colonized by the Imperial Japan from 1910 to 1945.


In contrast, 31 percent responded positively to the deal on a foggy notion that more and more intelligence, even from the unrepentant Japan, would help defend their country better from "growing nuclear and missile threats" from Pyongyang.


Public fury here over the former colonial ruler is deeply rooted as seen in the opposition from almost two-thirds of respondents. Former President Lee Myung-bak pushed the hush-hush deal with Japan in 2012, but it was scrapped at the last minutes on public outcry.


South Koreans are regularly enraged at Japanese Prime Minister Shinzo Abe who has paid respect, or made ritual offerings, to the notorious Yasukuni Shrine during spring and autumn festivals. Seoul and Tokyo regularly lock horns over a set of rocky islets, which the former retrieved from the latter after its liberation from the 36-year colonization.


President Park was here criticized for a "final and irreversible" agreement late last year with Japan on "comfort women," or women who were forced into sexual slavery for Japanese troops before and during the Pacific War. Abe hasn't admitted to a forceful recruitment of the Korean victims.


According to the pollster's weekly survey, Park's approval rating stayed at 5 percent for three weeks in a row, the lowest for any South Korean president. Support for Park among those under 50 hovered below 5 percent.


Opposition parties have demanded Park distance herself from all state affairs and step down, but the presidential Blue House said she will sustain diplomatic and defense authorities.


The South Korea-pushed pact with Japan to share military intelligence on the DPRK's nuclear and missile programs would serve the U.S. pivot-to-Asia strategy by integrating military intelligence programs among the three countries.


Seoul's attempt to deploy a U.S. missile shield, dubbed Terminal High Altitude Area Defense (THAAD), in southeast South Korea may speed up in the name of defending the country from the DPRK's nuclear and missile threats.


The South Korean defense ministry said Wednesday that it agreed with the owner of the golf course, a newly designated site for the U.S. missile defense battery, to exchange its unused land for the site. Commander of U.S. Forces Korea (USFK) said earlier this month that the THAAD battery could be installed as early as July. Cheap Wholesale Jerseys Cheap Jerseys China Wholesale Cheap NBA Jerseys Cheap Replica Jerseys Cheap Custom NHL Jerseys Cheap Football Jerseys Cheap NCAA Soccer Jerseys Wholesale Jerseys China Wholesale Football Jerseys Wholesale College Jerseys

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