China's three reorganized military academies to recruit students starting this autumn semester

China's three newly established military academies will open recruitment for ordinary high school graduate applicants starting this autumn semester to adapt to the adjustment in services and arms and enhance military talent training.

The three reorganized military academies, namely the University of Army Branches of the People's Liberation Army (PLA), the Engineering University of the PLA's Information Support Forces, and the Engineering University of the PLA's Joint Logistic Support Forces, are all higher education institutions.

The University of Army Branches of the People's Liberation Army (PLA) is set up on the basis of the Army Academy of Armored Forces and the Army Academy of Artillery and Air Defense, with its main campus located in Hefei City, east China's Anhui Province.

It is PLA's only comprehensive university, mainly cultivating junior command officers for armored forces, artillery and air defense forces. It is a pilot institution for cultivating first-class military talents in the new era.

The Engineering University of the PLA's Information Support Forces is established on the basis of the Information and Communication College of the National University of Defense Technology and the Communications NCO (non-commissioned officers) School of the Army Engineering University, with its main campus located in Wuhan City, central China's Hubei Province.

Shouldering the responsibility of training talents in the new domains of the military's network information system, the institution is the only directly affiliated university of the Information Support Forces -- a brand new strategic arm of the PLA. It serves as the cradle for training officers in information network, communication engineering, data intelligence and software systems.

The Engineering University of the PLA's Joint Logistic Support Forces is founded on the basis of the Army Logistics Academy, the Army Military Transportation University, and the affiliated Automobile NCO Academy, with its main campus located in the southwestern municipality of Chongqing.

It is a comprehensive higher education institution based on joint support and serving the entire army, mainly training command and management, engineering and technical talents in the general field of military logistics.

China's three reorganized military academies to recruit students starting this autumn semester

U.S. stocks extended losses on Friday as an unexpectedly weak employment report and surging oil prices tied to the ongoing Middle East conflict heavily weighed on investor sentiment.

The Dow Jones Industrial Average fell 0.95 percent to 47,501.55. The S and P 500 sank 1.33 percent to 6,740.02. The Nasdaq Composite Index shed 1.59 percent to 22,387.68.

Nine of the 11 primary S and P 500 sectors ended in the red. The consumer discretionary and materials sectors led the laggards, dropping 1.96 percent and 1.89 percent, respectively. Consumer staples and energy managed slight gains, advancing 0.29 percent and 0.13 percent, respectively.

The February jobs report dealt a blow to market confidence, revealing that non-farm payrolls unexpectedly contracted by 92,000, widely missing market expectations of a 55,000-job addition. Consequently, the national unemployment rate rose to 4.4 percent.

While the weak data quashed notions of a stabilizing labor market, analysts suggested the Federal Reserve is unlikely to cut interest rates this month because the energy price shock poses a significant risk of reigniting inflation.

San Francisco Federal Reserve President Mary Daly noted in a media interview that the report commands attention, acknowledging that the labor market may be weaker than previously observed.

Global oil prices surpassed 90 U.S. dollars per barrel on Friday. Tanker traffic in the critical Strait of Hormuz has slowed to a near-standstill, raising concerns that Gulf exporters may soon be forced to halt production due to depleted storage capacity.

The broader market sell-off dragged down major technology shares, with the "Magnificent Seven" closing mostly lower. In earnings news, Marvell Technology soared 18.35 percent to pace the Nasdaq, while Gap dropped 14.41 percent.

Financial equities also faced pressure with BlackRock down 7.17 percent, marking its worst trading session since April 4. The steep decline followed the investment management firm's unprecedented decision to cap client withdrawals from one of its private credit funds, signaling potential growing stress within the broader credit markets.

U.S. stocks drop amid weak jobs data