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CHICAGO， Oct. 13 (Xinhua) -- Chicago Board of Trade (CBOT) grains futures close higher Thursday， with wheat futures jumping about 5 percent as a flurry of export deals prompted funds to cover short positions.
The most active corn contract for December delivery rose 12.5 cents， or 3.71 percent， to 3.495 dollars per bushel. December wheat delivery added 19.25 cents， or 4.85 percent， to 4.16 dollars per bushel. November soybeans rose 10.75 cents， or 1.14 percent， to 9.5625 dollars per bushel.
Wheat posted the biggest advance on a percentage basis. The December contract reached six-week high， and surpassed its 50-day moving average， a bullish technical signal.
Commodity funds held a historically large net short position in CBOT wheat as of Oct. 4， leaving the market vulnerable to short-covering rallies.
Also， export business picked up in the last day， with Saudi Arabia and Egypt both announcing plans to buy wheat. Algeria announced a purchase tender earlier this week， and Syria struck a deal to purchase 1 million tonnes of Russian wheat.
Short-covering also lifted corn， along with strength in the domestic cash market. As the U.S. harvest nears the halfway point， farmers generally have been selling soybeans but storing their corn， holding out for higher prices.
Soybeans rallied from early declines， following strength in corn and wheat as well as in crude oil. A softer U.S. Dollar index added support to commodities， making U.S. Goods more attractive on the global market.
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GENEVA Men's Nike Air Max 97 KPU All Black UK , July 12 (Xinhua) -- Chinese Internet entrepreneur Jack Ma is to team up with the United Nations (UN) trade and development agency head Mukhisa Kituyi in co-hosting meetings in East Africa to promote entrepreneurship and small business among young people.
Ma is the founder and executive chairman of Alibaba Group, China's e-commerce giant. Ma is also special advisor of the United Nations Conference on Trade and Development (UNCTAD) for youth entrepreneurship and small businesses.
He will land in Africa for the first time later this month on his new mission, UNCTAD said in a statement on Wednesday.
UNCTAD Secretary-General Kituyi and Ma are to share entrepreneurial insights with African youth and small businesses during a visit to the region between July 19 and 21 that will include stopovers in Kenya and Rwanda.
The UN agency said the goal of the tour was to "empower young African young entrepreneurs and small businesses."
Ma was appointed UNCTAD special advisor in 2016.
The first meeting will take place at the University of Nairobi where Ma and Kituyi will hold a "conversation" with 500 young business leaders to be followed by a meeting with the local press.
On July 21, they will talk to young people in the Rwandan capital of Kigali before meeting with political leaders.
NEW YORK Men's Nike Air Max 97 2017 Retro Black UK , July 22 (Xinhua) -- U.S. stocks kept falling Wednesday as disappointing quarterly results from big companies weighed on Wall Street sentiment.
The Dow Jones Industrial Average fell 68.25 points, or 0.38 percent, to 17,851.04. The S&P 500 lost 5.06 points Men's Nike Air Max 97 2017 Retro Sliver UK , or 0.24 percent, to 2,114.15. The Nasdaq Composite Index was down 36.35 points, or 0.70 percent Men's Nike Air Max 360 KPU TPU Black UK , to 5,171.77.
Apple shares slumped 4.23 percent to 125.22 dollars apiece Wednesday though the company reported slightly better-than- expected financial results for the third quarter of its fiscal year 2015.
However, its revenue forecast for the fourth quarter fell below expectations and its iPhone sales missed market estimates.
The tech giant posted quarterly revenue of 49.6 billion U.S. dollars and quarterly net profit of 10.7 billion dollars, or 1.85 dollars per diluted share.
Shares of Microsoft dipped 3.68 percent to 45.54 dollars apiece after reporting lackluster quarterly results.
The company announced that revenues for the quarter ended June 30 were 22.2 billion dollars. Gross margin Men's Nike Air Max 2018 Elite Black Red UK , operating loss, and loss per share for the quarter were 14.7 billion dollars, 2.1 billion dollars, and 0.40 dollar per share Men's Nike Air Max 2018.5 All Black UK , respectively.
Shares of Yahoo decreased 1.23 percent to 39.24 dollars apiece Wednesday following the release of quarterly results that also missed Wall Street forecasts. It reported a second-quarter loss of 21.6 million dollars, or 2 cents a share, from a year-earlier profit of 269.7 million dollars, or 26 cents a share.
Latest data from Thomson Reuters showed that the S&P 500 companies' blended earnings in the second quarter of 2015 are expected to decrease 1.5 percent year on year Men's Nike Air Max 2018.5 Olive Green UK , while the revenue is forecast to decline 3.8 percent.
On the economic front, U.S. existing-home sales increased in June to their highest pace in over eight years, according to the National Association of Realtors Wednesday. Total existing-home sales increased 3.2 percent from a downwardly revised 5.32 million in May to a seasonally adjusted annual rate of 5.49 million in June, beating market consensus.
"With tightening on the horizon Women's Nike Air Max 95 Essential Red White UK , concerns that mortgage rates could rise further could be leading potential homeowners to buy now instead of waiting, especially given that supply is tight and prices are rising," said Sophia Kearney-Lederman, an economic analyst at FTN Financial Women's Nike Air Max 95 Grey Purple UK , in a note.
The CBOE Volatility Index, often referred to as Wall Street's fear gauge, fell 0.82 percent to end at 12.12 Wednesday.
In other markets, oil prices plunged Wednesday as government data showed U.S. crude inventories climbed last week.
The West Texas Intermediate for September delivery moved down 1. 67 dollars to settle at 49.19 dollars a barrel on the New York Mercantile Exchange Women's Nike Air Max 95 White Pink UK , while Brent crude for September delivery decreased 1.04 dollars to close at 56.00 dollars a barrel on the London ICE Future Exchange.
The U.S. dollar climbed against most major currencies Wednesday as data for existing home sal. Custom Soccer Jerseys Wholesale Football Jerseys China Authentic NBA Jerseys Wholesale Authentic NHL Jerseys Wholesale Nike NFL Jerseys From China Authentic MLB Jerseys Wholesale College Basketball Jerseys Wholesale Authentic NHL Jerseys China Soccer Jerseys From China Baseball Jerseys Cheap |
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