U.S. stocks rose for the seventh consecutive day of gains the Dow

Despite China's interest rate hike and other news a certain pressure, 8 New York Stock Exchange is still optimism among investors and companies to further support the good performance of the rising Dow Jones index closed higher for the seventh consecutive trading days.

On the New York stock market opened slightly lower, mainly because of China announced the news of another interest rate pressure on the market. However, the news was digested by the market, major indexes rose in the morning to turn down. Some analysts have pointed out that China's rate hike in the investors expected, although further tightening of liquidity could affect China's economic growth rate, but the Chinese economy is currently facing a greater risk is inflation, in this case control the excessive growth of the economy of China's economic stability and sustainable development benefit.