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The greenback rose on Friday as dollar bulls took heart after Federal Reserve Chair Janet Yellen kept the door open to a hike in interest rates later this year, a week after the central bank delayed aa long-anticipated move.

In a speech late Thursday, Fed Chair Janet Yellen, who spoke a week after the Fed delayed a long-anticipated rate hike, said she and other Fed policymakers do not expect recent global economic and financial market developments to significantly affect the central bank’s policy.

The sell-off adds to what has been a hard few weeks for United States and worldwide markets.

ASIA’S DAY: The Shanghai Composite Index posted its first gain in six days, bouncing back from losses that triggered worldwide selling and wiped almost 23 percent off its value over the past week.

North American stock markets seesawed once again on Wednesday as investors couldn’t decide whether to be encouraged by China’s recent move to stimulate its economy or anxious that Beijing thinks it needs stimulus in the first place.

“The initial reaction in the equity market was aggressive as many expected that this news would be out at the weekend”, Guardian Stockbrokers’ director of trading, Atif Latif, said.

The benchmark Shanghai Composite Index fell 8.5 percent, its biggest one-day loss since February 2007.

“There’s no shortage of things people can cite, from the movement in currencies, to the weakness in commodities and fears about China“, Lee said. “This is about growth“. Gold futures rose as the selloffs spurred a flight to safety, with the yellow...

As if China wasn’t worrying investors enough, the odds of a Fed rate hike in September seems to have lowered. “This is about growth“. The Nasdaq crumbled 6.8% while the S&P 500 sank 5.8%.

Companies that primarily drill for oil onshore in the U.S., such as Continental Resources, have suffered even steeper declines. “This is about growth“.

The Shanghai Composite closed down 3.4% and the smaller, tech-heavy Shenzhen index lost 3%.

S&P 500 e-minis ESc1 were down 5 points, or 0.24 percent, with 122,128 contracts traded. Germany’s DAX Index slipped 0.2 percent, France’s CAC 40 Index slid 0.3 percent, while the UK’s FTSE 100 Index fell 0.4 percent. Morgan Stanley said the company’s...

The U.S. stock market is rising at midday, bouncing back from a discouraging report on manufacturing. The Dow Jones Industrial Average and the S&P 500 notched up 0.4 and 0.5 percent, respectively. The Australian dollar, often used as a liquid proxy of China-related trades,...

The global benchmark, Brent crude LCOU5, -0.95% fell 67 cents, or 1.3%, to $49.51 a barrel on London’s ICE exchange.

Hong Kong: China stocks rose on Monday on possible restructuring among major shipping firms and in other key sectors, and on hopes that less volatile trading may soon convince fund managers to get off the sidelines and put billions in cash back to work.