Dow positive for 2011 on central bank coordinate move
英语课
NEW YORK, Nov. 30 (Xinhua) -- U.S. stocks soared on Wednesday, with major indexes hitting a two-week high, after the world's major central banks took coordinated 1 action to boost liquidity 2 in the world financial system.
The Dow Jones industrial average surged 490.05 points, or 4.24 percent, to 12,045.68, once again positive for the year.
The Standard & Poor's 500 rallied 51.77 points, or 4.33 percent, to 1,246.96, the biggest percentage gain since Aug. 11.
The Nasdaq Composite Index soared 104.83 points, or 4.17 percent, to 2,620.34, almost erased 3 the month's losses.
All 10 S&P 500 big-cap sectors 4 finished higher, with financials and materials taking the lead in the market.
Both JP Morgan Chase and Caterpillar 5 soared more than 8.2 percent, the best performers in the Dow's 30 components 6.
The CBOE Volatility 7 Index, widely considered the best gauge 8 of fear in the market, tumbled to finish below 28 for the first time since early November.
The euphoria came after the world's major central banks, including the ECB, Federal Reserve, Bank of England, and the central banks of Canada, Japan and Switzerland decided 9 to jointly 10 take action to"enhance their capacity to provide liquidity support to the global financial system."
EU finance ministers also agreed to ramp 11 up the firepower of their rescue fund but left a number of questions unanswered, including the exact size of the increased fund.
Further boosting sentiment, China cut its banks' reserve requirements for the first time in nearly three years to prevent the economy from abrupt 12 slowdown.
Wednesday's economic data came in better than expected, also gave the market a strong lift.
The ADP National Employment Report showed that U.S. employers added 206,000 jobs in November, much higher than market expectations.
Pending 13 home sales, according to figures from the National Association of Realtors, increased 10.4 percent in October, which was the biggest gain since November 2010.
Meanwhile, business activity in the Midwest grew faster than estimates in November as orders surged. The Institute for Supply Management-Chicago business barometer 14 rose to 62.6 from 58.4 in October, well above expectations.
In other markets, the U.S. dollar fell against major currencies in late New York trading on Wednesday while crude oil prices continued to climb and topped 100 dollars a barrel.
adj.协调的
- The sound has to be coordinated with the picture. 声音必须和画面协调一致。
- The numerous existing statutes are complicated and poorly coordinated. 目前繁多的法令既十分复杂又缺乏快调。 来自英汉非文学 - 环境法 - 环境法
n.流动性，偿债能力，流动资产
- The bank has progressively increased its liquidity.银行逐渐地增加其流动资产。
- The demand for and the supply of credit is closely linked to changes in liquidity.信用的供求和流动资金的变化有密切关系。
v.擦掉( erase的过去式和过去分词 )；抹去；清除
- He erased the wrong answer and wrote in the right one. 他擦去了错误答案，写上了正确答案。 来自《简明英汉词典》
- He removed the dogmatism from politics; he erased the party line. 他根除了政治中的教条主义，消除了政党界限。 来自《简明英汉词典》
n.部门( sector的名词复数 )；领域；防御地区；扇形
- Berlin was divided into four sectors after the war. 战后柏林分成了4 个区。 来自《简明英汉词典》
- Industry and agriculture are the two important sectors of the national economy. 工业和农业是国民经济的两个重要部门。 来自《现代汉英综合大词典》
n.毛虫，蝴蝶的幼虫
- A butterfly is produced by metamorphosis from a caterpillar.蝴蝶是由毛虫脱胎变成的。
- A caterpillar must pass through the cocoon stage to become a butterfly.毛毛虫必须经过茧的阶段才能变成蝴蝶。
（机器、设备等的）构成要素，零件，成分； 成分( component的名词复数 )； [物理化学]组分； [数学]分量； （混合物的）组成部分
- the components of a machine 机器部件
- Our chemistry teacher often reduces a compound to its components in lab. 在实验室中化学老师常把化合物分解为各种成分。
n.挥发性，挥发度，轻快，（性格）反复无常
- That was one reason why volatility was so low last year.这也是去年波动性如此低的原因之一。
- Yet because volatility remained low for so long,disaster myopia prevailed.然而，由于相当长的时间里波动性小，灾难短视就获胜了。
v.精确计量；估计；n.标准度量；计量器
- Can you gauge what her reaction is likely to be?你能揣测她的反应可能是什么吗？
- It's difficult to gauge one's character.要判断一个人的品格是很困难的。
adj.决定了的，坚决的；明显的，明确的
- This gave them a decided advantage over their opponents.这使他们比对手具有明显的优势。
- There is a decided difference between British and Chinese way of greeting.英国人和中国人打招呼的方式有很明显的区别。
ad.联合地，共同地
- Tenants are jointly and severally liable for payment of the rent. 租金由承租人共同且分别承担。
- She owns the house jointly with her husband. 她和丈夫共同拥有这所房子。
n.暴怒，斜坡，坡道；vi.作恐吓姿势，暴怒，加速；vt.加速
- That driver drove the car up the ramp.那司机将车开上了斜坡。
- The factory don't have that capacity to ramp up.这家工厂没有能力加速生产。
adj.突然的，意外的；唐突的，鲁莽的
- The river takes an abrupt bend to the west.这河突然向西转弯。
- His abrupt reply hurt our feelings.他粗鲁的回答伤了我们的感情。
prep.直到，等待…期间；adj.待定的；迫近的
- The lawsuit is still pending in the state court.这案子仍在州法庭等待定夺。
- He knew my examination was pending.他知道我就要考试了。