![]() She said Washington was looking to strengthen ties with emerging markets and developing countries, including through the Group of Seven's pledge to mobilize $600 billion in infrastructure investments, which experts see as a deliberate counterweight to China's Belt and Road Initiative. It is open and inclusive of advanced economies, emerging markets and developing countries alike." View and download daily, weekly or monthly data to help your investment decisions. Find the latest American Express Company (AXP) stock quote, history, news and other vital information to help you with your stock trading and investing. She underscored that Washington's "friendshoring" drive was not meant for "an exclusive club of countries. Get historical data for the S&P 500 DIVIDEND INDEX (DVS) on Yahoo Finance. US Markets: Get the complete US Stock Markets coverage with latest news, analysis & research on Market Map, Charts, Key Statistics, Sector Performance, Economic Calendar for Dow Jones Industrial. Yellen's speech did not mention China, which she visited earlier this month. The S&P 500 ( GSPC) rallied 5.5 its biggest intraday gain since April 2020 while the Dow. Economists surveyed by Bloomberg called for a 7.9 annual rise and 0.5 monthly gain. companies in Vietnam, including Arizona-based Amkor and Intel, which has its largest assembly and testing facility in the world in Saigon. The Consumer Price Index (CPI) for October reflected a 7.7 increase over last year and 0.4 increase over the prior month, better than Wall Street expected. ![]() Follow the stocks you care about most and get personalized news and alerts. Yellen noted that Vietnam had become a critical node in the global semiconductor supply chain, and cited big investments made by U.S. Your 1 finance destination to track the markets and the economy. The United States and Vietnam normalized relations in 1995, two decades after the end of the Vietnam War, and signed a bilateral trade agreement five years later. ![]() Consumer payment spending at Bank of America has totaled 2.1 trillion through the first six months of the year, the company said. But its efforts have met some resistance in Hanoi, over what experts see as concerns that China could view the move as hostile. At Bank of America, that credit card data still remains positive. Yellen's visit is part of a push by the United States to upgrade its formal ties with Vietnam as it works to reduce dependence on Chinese supply chains by expanding manufacturing at home and boosting trade with trusted partners. "There is no sign that this momentum is slowing," Yellen said in a text of her prepared remarks released late on Thursday in Washington, noting that investment in Vietnam's semiconductor sector was also accelerating. Major airports across the Northeast warned of significant flight delays and cancellations Sunday, as storms moved across the region and as all flights servicing the major airports around New York. Yellen, continuing her travels in Asia, told the U.S.-ASEAN Business Council that trade between the two countries had been growing at nearly 25% a year for the past two decades, and reached a record high last year. ![]()
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