NEW YORK Authentic James Daniels Jersey , Dec. 4 (Xinhua) -- U.S. stocks closed slightly lower after wavering between gains and losses Thursday, as investors digested mixed news overseas.
The Dow Jones Industrial Average lost 12.52 points, or 0.07 percent, to 17,900.10. The S&P 500 fell 2.41 points, or 0.12 percent, to 2,071.92. The Nasdaq Composite Index dropped 5.04 points Authentic Roquan Smith Jersey , or 0.11 percent, to 4,769.44.
Both the Dow and the S&P 500 hit fresh all-time intraday highs of 17,937.96 points and 2,077.34 points early in the session, respectively.
Overseas, European stocks dipped across the board Thursday, as European Central Bank President Mario Draghi disappointed investors by saying that the bank would consider adding new stimulus as needed until early 2015.
Offsetting negative effects from Europe to some extent Hroniss Grasu Jersey , however, Chinese benchmark Shanghai Composite Index soared 4.3 percent overnight, the biggest daily gain since 2012, as capitals continued to rush to the Chinese mainland equity market which had witnessed years of dismal performance.
On the U.S. economic front, in the week ending Nov. 29, the advance figure for seasonally adjusted initial claims stood at 297, 000, a decrease of 17 Jonathan Bullard Jersey ,000 from the previous week's revised level, the U.S. Labor Department said Thursday. But the latest number was still higher than market expected.
Investors are also awaiting the closely-watched U.S. nonfarm payroll report for November due out Friday to better understand the improvement in the labor market and its implications for the Fed's policy.
Falling crude prices added more pressure to the stock market, especially to oil firms and oilfield services providers, with the energy sector as the biggest laggard among the S&P 500's ten sectors.
On the previous trading day, both the Dow and the S&P 500 refreshed all-time highs boosted by an optimistic Beige Book from the Federal Reserve that showed the U.S. economy continued to improve.
The CBOE Volatility Index, often referred to as Wall Street's fear gauge, edged down 0.72 percent to end at 12.38 on Thursday.
In other markets, the U.S. dollar strengthened against most major currencies but decreased against the euro as the ECB decided to wait till early next year to consider further stimulus measures.
In late New York trading Eddie Goldman Jersey , the euro rose to 1.2365 dollars from 1.2310 dollars in the previous session. The greenback bought 119. 86 Japanese yen, higher than 119.82 yen of the previous session.
U.S. oil prices fell as traders worried that global crude supply surpassed demand.
Light, sweet crude for January delivery moved down to settle at 66.81 dollars a barrel on the New York Mercantile Exchange.
Gold futures on the COMEX division of the New York Mercantile Exchange fell slightly as oil prices dropped, prompting a retreat from the precious metal.
The most active gold contract for February delivery lost 1 dollar, or 0.08 percent, to settle at 1207.7 dollars per ounce.
CHINA plans to publish its first encyclopedic dictionary of the Tibetan language beginning in late 2015, according to the China Ethnic Publishing House.
The dictionary’s 13 volumes will cover technology, medicine Kevin White Jersey , phonology, Buddhism, Nyaya philosophy, rhetoric, phraseology, prosody, drama, astrology Cody Whitehair Jersey , Tibetan literature, Bon belief and Tibetan culture, said Gyangkar, an editor at the publisher’s.
The first three volumes will be published by the end of this year and the remaining 15 are expected by 2018, Gyangkar said.
With an investment of about 10 million yuan (US$1.6 million) from the Chinese government, compilation of the dictionary began in 2006 and involved the work of more than 10 Tibetan language experts from Beijing and China’s vast Tibetan-speaking regions.
The dictionary will have about 150,000 entries, three times that of the Tibetan-Chinese dictionary published in 1985 Leonard Floyd Jersey , the most comprehensive Tibetan-language reference book to date.
It will include 9,000 new words and 60,000 technical terms.
WeChat, the instant messaging tool, will be called “trinqiong” in the dictionary. “Broadband” will be “tayang” and “robot”will be “trimen,” said Gyangkar.
Qoizha, deputy head of the Tibet regional compilation and translation bureau, said: “Language is a mirror of the times. New words reflect the rapid development in Tibet in terms of politics Eddie Jackson Jersey , economy, culture and education.”
Trinley Qoizha, 78, one of the compilers, was happy that his dream of witnessing the birth of a new Tibetan dictionary in his lifetime would come true.
“The new dictionary must be very heavy,” he said. “I’m afraid it is too heavy for me.”
Tibetan is one of the most ancient languages in China, dating back to the 7th century. It is currently used by about 8 million people in China's Tibetan region and the neighboring countries of India, Nepal and Bhutan.
“The dictionary is getting thicker Tarik Cohen Jersey , more professional and encyclopedic, which is strong proof of Tibet’s cultural development,” said Wangchug, 69, a Tibetan language translator.
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