About: http://data.cimple.eu/news-article/b47bf2d829572c5e69f83f85844e5aa2aed1ada9fe649b5cf5ab7bb6

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rdf:type	schema:NewsArticle
schema:articleBody	US stocks finished higher on Thursday, after the Labor Department reported fewer new claims for unemployment benefits last week as the economy bounces back from the Covid-19 pandemic. The data was the latest sign the world's largest economy is roaring back as businesses reopen and authorities ease restrictions imposed last year to fight the virus. The data eclipsed fears of an uptick in inflation that could cause the Federal Reserve to raise rates and increase borrowing costs sooner than expected, which has hit indices in recent weeks, particularly tech. Investors are looking for more good news when the government releases the all-important employment report on Friday that is expected to show more strong hiring in April. The Dow Jones Industrial Average pushed to a new high of 34,548.53 by the close, a gain of 0.9 percent. The broad-based S&P 500 rose 0.8 percent to end the day at 4,201.62, while the tech-rich Nasdaq Composite Index gained 0.4 percent to 13,632.84. Stocks of Covid-19 vaccine makers continued to suffer after Washington on Wednesday said it would support a global waiver on patent protections for the shots, though the sell-off was less severe than the day before. Gregori Volokhine of Meeschaert Financial Services credited that to traders realizing the complexity of reaching an agreement in the World Trade Organization to allow widespread manufacturing of the vaccines, which Germany is against. "This has removed a fear," he said. Nonetheless, Pfizer ended one percent lower and Moderna lost 1.4 percent, but Johnson & Johnson gained 0.4 percent. cs/hs
schema:headline	Healthy employment numbers make Wall Street happy
schema:mentions	S&P 500 Index Unemployment benefits Dow Jones Industrial Average Johnson & Johnson Federal Reserve World Trade Organization Nazi Germany Patent Australian Labor Party Inflation Pandemic Virus Pfizer Vaccine Coronavirus disease 2019 Washington Huskies men's basketball NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-05-06 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	68 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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