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NEW YORK Wholesale Patriots Hats , Aug. 19 (Xinhua) -- U.S. stocks ended sharply lower after a volatile trading session Wednesday, as investors digested the closely-watched
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As there is no Fed policy meeting in August, Wall Street kept a close eye on the Fed minutes.


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The minutes left mixed signals on whether or not the Fed officials decide to raise the interest rate at the next monetary policy meeting in September. Many
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Market investors widely see September or even later as the most likely time for a Fed rate increase.


Dampening investor sentiment, oil prices plunged Wednesday as a government report showed that U.S. crude stockpiles last week increased unexpectedly.


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On the economic front, the Consumer Price Index (CPI) for All Urban Consumers added 0.1 percent in July on a seasonally adjusted basis, below market consensus
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"The retracement in energy costs will likely drag headline CPI back into negative territory by the end of the quarter, and will filter through to the
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Overseas, Chinese equities witnessed wild swings Wednesday as persistent worries about economic pressures continued to weigh on market
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The benchmark Shanghai Composite Index closed 1.23 percent higher to finish at 3,794.11 points, reversing losses of more than 5 percent in the morning
trading session, on speculation of fresh government support, including an
expected reserve requirement ratio cut.

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