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NEW YORK, Aug. 20 (Xinhua) -- U.S. stocks extended losses in the morning session Thursday, as Wall Street pondered over the ongoing uncertainty about the timing of a rate hike amid mixed economic reports.

By midday, the Dow Jones Industrial Average shed 195.89 points, or 1.13 percent Teez Tabor Jersey , to 17,152.84. The S&P 500 dropped 22.00 points, or 1.06 percent, to 2,057.61. The Nasdaq Composite Index slumped 82.34 points Jarrad Davis Jersey , or 1.64 percent, to 4,936.71.

As there is no Federal Reserve policy meeting in August, investors were still sifting through the highly-watched minutes from the Fed's July meeting released Wednesday afternoon.

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Market analysts widely see September or even later as the most likely time for a Fed rate increase.

Meanwhile, the diving oil prices also weighed on market sentiment. Oil prices decreased to its lowest level in more than six years on Wednesday, with the U.S. oil settling at near 40 dollars a barrel.

On an economic front, in the week ending Aug. 15, the advance figure for seasonally adjusted initial jobless claims increased 4 Frank Ragnow Jersey ,000 from the previous week's revised level to 277,000, exceeding market consensus of 270,000, the U.S. Labor Department reported Thursday.

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U.S. total existing-home sales increased 2.0 percent to a seasonally adjusted annual rate of 5.59 million in July from a downwardly revised 5.48 million in June, beating market estimates, said the National Association of Realtors Thursday.

Sales in July remained at the highest pace since February 2007 Cheap Lions T-Shirts , have now increased year-over-year for ten consecutive months.

by Matthew Rusling

WASHINGTON, March 16 (Xinhua) -- While the administration of U.S. President Barack Obama has over several months pushed a narrative that the Islamic State (IS) terror group is on the run, it is now changing its tune, expressing alarm that its influence is spreading worldwide.

Marking a major shift in the administration's take on the situation, CIA Director John Brennan expressed deep concern over the group that has overtaken vast swaths of Syria and northern Iraq. The sentiments Cheap Lions Hoodie , expressed in a speech Friday in New York, marked an even sharper departure from Obama's dismissal last year of the murderous thugs, billing them as amateurs.

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Left unchecked, the group would pose a threat not only to Iraq and Syria but to a wider region, as well as to the United States and its allies, the U.S. spy chief said.

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