U.S. stocks ended lower on Wednesday.
The Dow Jones Industrial Average fell by 66.74 points, or 0.13 percent, to 50,121.4. The S&P 500 sank 0.34 points to 6,941.47. The Nasdaq Composite Index shed 36.007 points, or 0.16 percent, to 23,066.467.
Eight of the 11 primary S&P 500 sectors ended in green, with energy and consumer staples leading the gainers by going up 2.59 percent and 1.40 percent, respectively. Meanwhile, financials and communication services led the laggards by dropping 1.49 percent and 1.31 percent, respectively.
U.S. stocks close lower
U.S. stocks close lower
China made public a work plan on Friday to further upgrade service consumption infrastructures and support housekeeping, elderly care and childcare sectors.
The document, jointly released by the Ministry of Commerce and eight other departments, outlined 64 measures to boost service consumption, including traditional sectors like catering and accommodation, tourism, as well as elderly care and childcare.
Emerging growth sectors, such as housekeeping, performance services and inbound consumption, are also covered.
These measures will create new consumption scenarios amid efforts to drive service consumption and meet people's growing needs for a better life, according to the ministry.
China unveils plan to further boost service consumption
