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rdf:type	schema:NewsArticle
schema:articleBody	US stocks opened lower on Tuesday, as traders continued to cash out of the recent rally and worry that the market has hit its peak. With no economic data forthcoming and few changes in Treasury bond yields, the sell-off came as "markets weigh continued uncertainty regarding President Joe Biden's infrastructure plan, festering Covid-19 cases globally and lingering optimism of robust 2021 earnings and economic prosperity," Charles Schwab analysts said. About 30 minutes into trading, the benchmark Dow Jones Industrial Average was down 0.4 percent at 33,925.02,. The broad-based S&P 500 was 0.3 percent lower at 4,151.97, while the tech-rich Nasdaq Composite Index dipped 0.2 percent to 13,886.81. Last week ended with the Dow and S&P 500 at new records, but trader sentiment changed on Monday with the three major indices closing decisively lower. Major companies are reporting earnings this week, including body care and cleaning supplies giant Procter & Gamble, which lost 1.3 percent after reporting solid sales growth in its most recent quarter. Pharmaceutical giant Johnson & Johnson was up 1.2 percent after saying it was "very confident" in its Covid-19 vaccine and hopeful for a quick resolution from regulators over its status. Aerospace firm Boeing fell 2.3 percent after announcing ahead of its annual meeting Tuesdya that it will lift the company's retirement age for David Calhoun to 70, enabling him to remain as chief executive potentially through April 2028. Tobacco stocks were mixed after The Wall Street Journal reported the Biden administration was considering a rule to limit nicotine content in cigarettes. Philip Morris gained 1.1 percent, while British American Tobacco fell 4.6 percent. cs/hs
schema:headline	Wall Street continues sell-off at open, Dow -0.4%
schema:mentions	S&P 500 Index Procter & Gamble Nicotine Dow Jones Industrial Average The Wall Street Journal Johnson & Johnson Rallying Joe Biden Vaccine President of the United States Coronavirus disease 2019 British American Tobacco Altria Dave Calhoun Charles Schwab Corporation United States Treasury security NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-04-20 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	65 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

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