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NEW YORK Camo Chris Godwin Jersey , June 16 (Xinhua) -- U.S. stocks posted solid gains for the week, as concern about a global economic slowdown in a post-Brexit environment receded amid an array of generally upbeat economic reports.

Both the Dow Jones Industrial Average and the S&P 500 refreshed their record highs for several times during the week.

Investor euphoria was initially ignited by June's strong nonfarm report released last week. It showed that U.S. total nonfarm payroll employment increased by 287,000 in June, well above market consensus of 175,000.

Investors believed that the nonfarm report mollified concerns of an economic slowdown in the United States Camo Justin Evans Jersey , as May's payroll rose only 38,000 and notched the fewest monthly job gain in almost six years.

On Monday, U.S. stocks extended previous session's solid gains on the robust jobs data, with the S&P 500 setting its new intraday and closing records for the first time in 2016.

On Tuesday, U.S. stocks rallied for a third straight session Camo O. J. Howard Jersey , with the Dow and the S&P 500 closing at their new records, boosted by a strong rebound in oil prices.

On Wednesday, U.S. stocks closed mixed as investors digested the Federal Reserve's Beige Book for more clues on the timing of a next rate hike, yet the Dow and the S&P 500 still managed to eclipse Tuesday' s closing records.

On Thursday, U.S. equities regained steam on upbeat economic data Black Ali Marpet Jersey , with both the Dow ant the S&P 500 refreshing their record highs once more.

On Friday, U.S. stocks took a pause after record runs, with the three major indices closing narrowly mixed after wavering in a tight range. The Dow, however, extended its record run to a fourth straight day with a 0.05-percent gain.

U.S. economic reports came out mostly positive in the week Black Donovan Smith Jersey , which underpinned this round of record runs.

In the week ending on July 9, the advance figure for seasonally adjusted initial claims was 254,000, below market consensus of 265,000.

The Producer Price Index for final demand increased a seasonally adjusted 0.5 percent in June Black Noah Spence Jersey , beating market estimates.

Advance estimates of U.S. retail and food services sales for June increased 0.6 percent from the previous month to 457.0 billion U.S. dollars, beating market consensus of a 0.1-percent gain.

The U.S. Consumer Price Index for all urban consumers increased 0.2 percent in June on a seasonally adjusted basis, the Labor Department reported Friday.

The index for all items less food and energy increased 0.2 percent in June, and it has increased 2.3 percent over the past 12 months.

U.S. industrial production increased 0.6 percent in June after declining 0.3 percent in May, said the Federal Reserve Friday.

"Data this week bolstered expectations for a Q2 rebound. The Q1 slowdown and Q2 rebound pattern is likely to be unbroken this year Black Vernon Hargreaves III Jersey ," said FTN Financial in its weekly economic report.

Meanwhile, fears about a slowdown in global economy after Brexit were fading, as British Home Secretary Theresa May became prime minister Wednesday following an audience with Queen Elizabeth II at Buckingham Palace.

Upbeat quarterly earnings reports from big companies, including JPMorgan Chase & Co., Citigroup Inc. Black Kendell Beckwith Jersey , also give the stock market some upward momentum.

For the week, the Dow surged 2 percent, while both the S&P 500 and the Nasdaq jumped 1.5 percent. Enditem

MADRID, July 6 (Xinhua) -- Midday on Wednesday saw the start of nine days of festivities in the town of Pamplona in northern Spain as the San Fermin Fiestas got underway.

San Fermin is known for its run of the bulls, where every morning thousands wait, dressed in white with a red handkerchief to risk their lives running along the six fighting bulls which will later die in the afternoon bullfight.

The festival officially began when an 83-year-old local man, chosen by popular vote, fired a rocket into the sky from the Pamplona town hall in front of a packed main square.

The San Fermin fiestas were made famous by the author Ernest Hemingway in his novel "Fiesta -- The Sun Also Rises" in the 1920s.

The bull runs last for around two chaotic minutes as runners try to show their courage by keeping alongside one of the 600 kg beasts for 10 or 20 meters.

The population of Pamplona quadruples from around 250,000 inhabitants to around a million for the fiesta. Some 3,500 local and regional police will oversee the celebrations.

The celebrations also see over 400 cultural acts, 80 of which are for children and families, costing the local authority almost 2 million euros (around 2.2 million U.S. dollars).

BRUSSELS, Aug. 12 (Xinhua) -- Amazon's tiny tax bill in contrast to its huge European revenues sparked outrage among industry peers, who called for an end to the "deeply unfair" tax system.

The online retail giant paid just 16.5 million euros (19.5 million U.S. dollars) in tax on European revenues of 21.6 billion euors (25.5 billion dollars) reported through Luxembourg in 2016 Black Chris Godwin Jersey , the Guardian reported Thursday, citing the company's latest annual accounts for its European online retail business.

Amazon U.K. services, the company's warehouse and logistics operation, more than halved its U.K. corporation tax bill from 15.8 million British pounds (20.4 million dollars) to 7.4 million pounds (9.6 million dollars) year-on-year in 2016, whereas turnover at the U.K. business rose to almost 1.5 billion pounds (1.9 billion dollars) in 2016 Black Justin Evans Jersey , reported the Guardian.

Amazon's controversial tax bill caused a widespread outcry amont local bricks-and-mortar bookstores which found it increasingly hard to compete against the e-commerce giant.

"This deeply unfair system must end," the Booksellers Association's head of corporate affairs Giles Clifton told the Guardian. "It is simply wrong that the current syst.
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