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About: http://data.cimple.eu/news-article/789ba3a8dee7e93b2df4e3d56831fefbfced4d7d10b5eda763e0698a Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Wall Street stocks were mostly lower early Friday, with tech shares again sinking, following data showing the US unemployment rate dropped much more than expected in August. The jobless rate fell to 8.4 percent, the first reading below 10 percent since the coronavirus pandemic struck, while the economy added 1.4 million jobs last month, the Labor Department report showed . But stocks remained under pressure following a series of records in August. About 35 minutes into trading, the Dow Jones Industrial Average was up 0.3 percent at 28,370.19. The broad-based S&P 500 shed 0.5 percent to 3,438.51, while the tech-rich Nasdaq Composite Index tumbled 1.7 percent to 11,258.37. After a strong summer that saw US indices enjoy their best August in decades, equities tumbled on Thursday with high-flying tech shares leading the market lower as investors cashed in on the big gains. "The markets were due for a sell-off - let's be honest," TD Ameritrade's JJ Kinahan said in a note late Thursday. jmb/hs
schema:headline	Nasdaq tumbles again despite better US labor data
schema:mentions	Judge S&P 500 Index Stock Dow Jones Industrial Average Australian Labor Party Pandemic Coronavirus Christy Kinahan TD Ameritrade NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-09-04 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	54 (xsd:integer)
http://data.cimple...tology#hasEmotion	sadness

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