About: http://data.cimple.eu/news-article/e456d8f7c59b9c1a5e5e35926b9712cbd88c9636e466f72d44ef5069

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/e456d8f7c59b9c1a5e5e35926b9712cbd88c9636e466f72d44ef5069 Goto Sponge NotDistinct Permalink

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

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	Wall Street stocks finished mostly higher Wednesday, with the Nasdaq setting a fresh record, as markets cheered progress on US stimulus talks and a dovish Federal Reserve announcement. Congressional leaders said they were nearing a long-awaited agreement on a stimulus package for the pandemic-hit US economy, with top Senate Democrat Chuck Schumer describing the parties as "very close" to a deal. That helped lift the Nasdaq to a second straight record, closing at 12,658.19, a gain of 0.5 percent. The Dow Jones Industrial Average shed 0.2 percent to end the day at 30,154.54, while the broad-based S&P 50 climbed 0.2 percent to 3,701.17. Progress on the stimulus package helped offset disappointment over the November retail sales report, which fell by a bigger-than-expected 1.1 percent compared to October in a sign of the drag from higher coronavirus cases. Investors also took heart from a slightly upgraded Fed forecast for US growth in 2021 and 2022 as the central bank maintained ultra-low interest rates. "The case for fiscal policy right now is very strong. I think that is widely understood," Fed Chair Jerome Powell told reporters following the central bank's two-day policy meeting, noting that expanded jobless benefits and eviction moratoriums are set to expire before the end of the year. Sam Stovall, chief investment strategist at CFRA Research, said the US equity market "appears to be traveling on end-of-year auto-pilot, which should allow share prices to drift higher, unless they hit an unanticipated pothole." Among individual companies, Pfizer fell 2.2 percent following a report that a health worker in Alaska suffered a serious allergic reaction after getting Pfizer-BioNTech's Covid-19 vaccine and is now hospitalized but stable. Twitter jumped 2.3 percent after a JPMorgan Chase note lifted its price forecast for the microblogging company. jmb/hs
schema:headline	US stocks end mostly higher on stimulus hopes
schema:mentions	NASDAQ JPMorgan Chase Pothole Stock Dow Jones Industrial Average USA Gymnastics Drag queen Federal Reserve Sam Winchester Allergy Chuck Schumer Alaska United States Senate Twitter Pfizer Vaccine Severe acute respiratory syndrome coronavirus 2 Coronavirus disease 2019 Microblogging in China CFRA Fiscal policy Jerome Powell
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-12-16 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	68 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

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, 5 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software