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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 finished mixed Wednesday, with the Dow at a record following dovish remarks from the Federal Reserve chair regarding inflation and monetary policy. Fed Chair Jerome Powell said the United States remains "very far" from a strong labor market, signaling no foreseeable change in the central bank's easy-money policies. Powell also repeatedly expressed skepticism about a rise in inflation, which some economists said could come if the US government approves another massive stimulus measure. His remarks came after consumer data released earlier Wednesday showed tepid price increases. The Dow Jones Industrial Average gained 0.2 percent to 31,437.74, narrowly eclipsing Monday's record after a choppy session. The broad-based S&P 500 dropped by a hair to 3,909.88, while the tech-rich Nasdaq Composite Index fell 0.3 percent to 13,972.53, snapping a four-day streak of records. After all three major indices closed at records on Monday, equities have meandered the last two sessions. Investors remain generally upbeat on expectations for more US stimulus spending and the economic bounce from coronavirus vaccines. Among individual companies, Twitter jumped 13.2 percent as it reported sizeable increases in its user base and its ranks of "monetizable" daily active users. Twitter said its profit nearly doubled from a year earlier to $222 million on revenue that soared 28 percent to a record $1.29 billion. General Motors fell 2.0 percent after the automaker projected higher 2021 operating earnings despite an up to a $2 billion hit from the global semiconductor shortage. However, shares are still up around 32 percent this year. Match Group jumped 7.7 percent after announcing a $1.7 billion acquisition of Hyperconnect, a "social discovery" and video company from South Korea. jmb/cs
schema:headline	US stocks mixed after dovish Fed Chair comments
schema:mentions	Semiconductor Climate change denial S&P 500 Index Stock Dow Jones Industrial Average Lewis F. Powell Jr. General Motors Federal Reserve Inflation South Korea Twitter United States Coronavirus Social search Match Group Monetary policy Jerome Powell NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-02-10 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	61 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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