About: http://data.cimple.eu/news-article/a0a7fc118bdb87efef2797c15717443c4a3c70029eb5d71b8d632202     Goto   Sponge   NotDistinct   Permalink

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

AttributesValues
rdf:type
schema:articleBody
  • Wall Street stocks finished sharply higher Friday, closing out a second week of gains as US officials moved forward with plans to gradually reopen the economy. The Dow Jones Industrial Average added more than 700 points, or 3.0 percent, ending at 24,242.49. The broad-based S&P 500 gained 2.7 percent to 2,874.56, while the tech-rich Nasdaq Composite Index advanced 1.4 percent to 8,650.14. Analysts pointed to a number of positive catalysts, including a report of promising research on a Gilead Sciences drug to treat coronavirus, Boeing's announcement that it will resume US commercial plane production and the release of a White House blueprint to reopen the economy. In one of the first moves by a major US state, Texas Governor Greg Abbott approved retailers to employ a "to go" model that requires reopened stores to deliver items to customers' cars or homes. But Abbott said Texas schools would remain closed for the remainder of the 2019-2020 school year. TD Ameritrade Chief Market Strategist J.J. Kinahan cautioned investors not to expect the recovery to come quickly. "Investors seem optimistic that there's light at the end of the tunnel," Kinahan said. "Investors should be cautious though, as the 'getting going' might end up being slower than expected." All three major US indices finished the week higher, shrugging off atrocious economic data, including another spike in jobless claims and a big drop in retail sales. Boeing jumped 14.5 percent after announcing it will begin to ramp production back up at its Washington state commercial plane plants, bringing back around 27,000 workers. Gilead surged 9.7 percent following a news report about promising research on an antiviral medication from the drugmaker being tested to treat the coronavirus. Apple dropped 1.4 percent following a downgrade from Goldman Sachs, which predicted weak demand for iPhones due to the economic slowdown. jmb/acb
schema:headline
  • Wall Street ends week on high note, Dow closes up 3.0%
schema:mentions
schema:author
schema:datePublished
http://data.cimple...sPoliticalLeaning
http://data.cimple...logy#hasSentiment
http://data.cimple...readability_score
http://data.cimple...tology#hasEmotion
Faceted Search & Find service v1.16.115 as of Oct 09 2023


Alternative Linked Data Documents: ODE     Content Formats:   [cxml] [csv]     RDF   [text] [turtle] [ld+json] [rdf+json] [rdf+xml]     ODATA   [atom+xml] [odata+json]     Microdata   [microdata+json] [html]    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 4 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software