About: http://data.cimple.eu/news-article/6b55c9ef007595c88ffa839060c6180e1107e30178461d646015a668

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About: http://data.cimple.eu/news-article/6b55c9ef007595c88ffa839060c6180e1107e30178461d646015a668 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Wall Street stocks capped a strong week with fresh records on Friday, fueled by on optimism over more fiscal stimulus spending and progress on coronavirus vaccines. The broad-based S&P 500 finished up 0.4 percent at 3,886.83, while the tech-rich Nasdaq Composite Index climbed 0.6 percent to 13,856.30. Both were at all-time highs. The Dow Jones Industrial Average gained 0.3 percent to 31,148.24. Analysts said President Joe Biden's $1.9 trillion federal relief package picked up momentum from Friday's lackluster US jobs report. The closely-watched jobs data showed the unemployment rate dropped to 6.3 percent in January but the economy added only 49,000 jobs, the Labor Department said Friday. Economist Joel Naroff expects Washington to produce another relief package "within the next few weeks," he said in a note. "The economy is being supported by the federal government and the markets are reaping the rewards," Naroff wrote. Adding to the positive momentum was news that Johnson & Johnson submitted an application with US health authorities for emergency authorization of its Covid-19 vaccine. The process could take several weeks, but if approved, the vaccine would be the third authorized in the United States, after those of Pfizer-BioNTech and Moderna. The J&J vaccine is considered especially promising because it only requires one shot, unlike the other options already being used. J&J jumped 1.5 percent. Ford rose 1.2 percent after the auto giant announced a dramatic acceleration of its investment push into electric autos and said it would pursue additional venture with technology companies. jmb/cs
schema:headline	S&P 500, Nasdaq end at records on optimism for new US stimulus
schema:mentions	Washington Mystics S&P 500 Index Acceleration Dow Jones Industrial Average Johnson & Johnson Ford Motor Company Australian Labor Party Joe Biden Vaccine United States Severe acute respiratory syndrome coronavirus 2 President of the United States Coronavirus disease 2019 Lackluster Fresh Records (UK) Memphis Bleek Fiscal policy NASDAQ Composite Momentum
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-02-05 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	61 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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