BEIJING Cam Talbot Jersey , June 14 (Xinhua) -- Chinese stocks closed lower on Wednesday over mixed economic data, with the benchmark Shanghai Composite Index down0.73 percent to close at 3,130.67 points.
The smaller Shenzhen Component Index closed 0.72 percent lower at 10,151.53 points.
The ChiNext Index, China's NASDAQ-style board of growth enterprises, was down 0.28 percent to close at 1 Milan Lucic Jersey ,790.64 points.
The Chinese economy maintained steady growth in May, with slower growth in investment but faster growth in consumption, according to data released by the National Bureau of Statistics on Wednesday.
China's fixed-asset investment grew 8.6 percent in the first five months year-on-year, down 0.3 percentage points from that recorded during January-April. Investment in property development expanded 8.8 percent year on year during the January-May period, down from 9.3 percent in the first four months.
However, the service sector continued its stable expansion Darnell Nurse Jersey , and total retail sales of consumer goods rose 10.3 percent year on year in the January-May period, 0.1 percentage points faster than growth in the first four months.
The International Monetary Fund on Wednesday raised expectations for China's GDP growth rate this year from 6.6 percent to 6.7 percent.
Shares related to steel, port transportation and graphene performed well, while those related to airport transport, the Xiongan New Area and environmental protection lost ground.
Chinese investors' confidence in the securities market continued to fall in May, but the drop narrowed Patrick Maroon Jersey , a survey by the China Securities Investor Protection Fund Corp showed Tuesday.
The index report also showed that Chinese investors were not optimistic about the outlook for a strong rebound, but sentiment was on the side of the markets being resilient to further falls.
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NEW YORK, Dec. 19 (Xinhua) -- U.S. stocks ended lower on Tuesday, as a decline in Apple shares dragged the tech sector lower.
The Dow Jones Industrial Average decreased 37.45 points, or 0.15 percent Ryan Strome Jersey , to 24,754.75. The S&P 500 lost 8.69 points, or 0.32 percent, to 2,681.47. The Nasdaq Composite Index was down 30.91 points, or 0.44 percent Adam Larsson Jersey , to 6,963.85.
Shares of Apple fell more than one percent on Tuesday, after Nomura Instinet downgraded the tech giant's stock from buy to neutral.
Meanwhile, Wall Street also eagerly awaited a vote on tax reform. House and Senate Republicans are planning to pass a package this week, with major elements including lower corporate and top individual tax rates.
Media reported House members Tuesday voted to pass the tax bill, which would cut the federal corporate tax rate to 21 percent from 35 percent.
U.S. equities have posted solid gains and notched record highs several times since the Election Day Kris Russell Jersey , partially boosted by expectations of lower corporate taxes.
The three major indices notched record closes on Monday.
"All this as optimism piles upon optimism. Like the proposed tax plan or not, there is no denying that what appears before us is incredibly friendly toward business, and that changing environment is not lost on the investing public," said Stephen Guilfoyle, president of Sarge986 LLC, on Tuesday.
On the economic front Wayne Gretzky Jersey , U.S. privately-owned housing starts in November were at a seasonally adjusted annual rate of 1.297 million units, the Commerce Department reported Tuesday.
This is 3.3 percent above the revised October estimate of 1.256 million and 12.9 percent above the November 2016 rate of 1.149 million.
Almost everyone would agree that the Playstation 3 is one of the best gaming console that you can purchase. Its high res graphics and awesome processing power has inspired the creation of a fistful of excellent game titles that keep folks of all ages riveted to their seats for hours at a time. Even so, a dark problem lurks under the shiny exterior case.
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