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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.

Following a six-year run-up in U.S. stocks that has pushed major indexes to all-time highs, investors worry the economy could falter if the Fed raises rates too soon, chocking economic growth.

“If capital were to leave emerging economies, especially those that peg their currencies against the dollar, the natural thing to do is to sell Treasuries”, said Gene Tannuzzo, portfolio manager at Columbia Threadneedle Investments in Minneapolis.

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.

Dudley suggested, however, that the Fed’s decision will depend more on global economic troubles then market volatility.

Stocks jumped on Wednesday as global markets showed tentative signs of regaining their footing after an extended rout fueled by growth concerns.

The weather service warns that any fires that develop likely will spread rapidly, and outdoor burning is not recommended.

Keith Berlin, director of global fixed income and credit at Fund Evaluation Group in Cincinnati, Ohio, said “markets have awakened to the realization that China’s growth story is not what it once was”.

Stocks once again showed a strong move to the upside at the start of trading on Wednesday, mirroring the performance seen in the previous session.

Most other Asian currencies managed to rebound, and stock and commodity markets picked up. But the International Monetary Fund has certainly noticed, suggesting that “a more market-determined exchange rate would facilitate SDR operations, in case the renminbi were included...

The People’s Bank of China reformed the exchange rate formation system on August 11 to better reflect market development in the exchange rate of the Chinese yuan against the US dollar.

The Perseids are active from July 13 to Aug. 26, according to the American Meteor Society, a nonprofit scientific organization that supports the research of astronomers, but the meteor shower peaks between Aug. 12-13.

The minutes to the July 28-29 meeting of the policy-setting Federal Open Market Committee, released last week, showed both a caution over still-low inflation and a concern over China’s economic malaise.

The New York Stock Exchange invoked a rule saying market makers don’t have to disseminate price indications before the opening bell in an effort to make it easier and faster to open stocks on a volatile trading day.

Yet those gains would come at the expense of manufacturers in other countries, including the United States and Europe.