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rdf:type	schema:NewsArticle
schema:articleBody	Wall Street stocks rose for a third straight session Friday with tech shares leading the way amid hopes for a US stimulus package and rising confidence about coronavirus therapeutics. The Dow Jones Industrial Average capped a positive week with a 0.6 percent rise to 28,586.90. The broad-based S&P 500 gained 0.9 percent to 3,477.13, while the tech-rich Nasdaq Composite Index jumped 1.4 percent to 11,579.94. After markets tanked on Tuesday following President Donald Trump's abrupt move to end stimulus talks, investors have cheered his about face in subsequent days that has him cheering for a deal. The White House on Friday beefed up its offer, proposing a $1.8 trillion package as Trump himself said on a radio show that he favored an even larger package. But Senate Majority Leader Mitch McConnell said there was not enough time to complete the talks before the election. Still, analysts said the gains reflected confidence there would be a package soon. The market also was boosted by a write-up in the New England Journal of Medicine that Gilead Sciences' drug remdesivir resulted in "consistent, clinically meaningful improvements" in coronavirus patients, the latest positive indicator about a leading treatment. Gilead rose 0.8 percent. That news follows announcements by Regeneron Pharmaceuticals and Eli Lilly earlier in the week on Covid-19 therapies that have boosted confidence in effectiveness of the treatments for the virus. Technology shares led the market, with Amazon winning 3.0 percent, Google-parent Alphabet 2.0 percent and Netflix 1.4 percent. jmb/hs
schema:headline	Tech shares lead US stocks higher
schema:mentions	Eli Lilly and Company S&P 500 Index American Recovery and Reinvestment Act of 2009 Dow Jones Industrial Average USA Gymnastics New England Remdesivir Party leaders of the United States Senate Prime Video Ebola virus disease Mitch McConnell Presidency of Donald Trump Netflix Severe acute respiratory syndrome coronavirus 2 President of the United States Donald Trump Coronavirus disease 2019 Regeneron Pharmaceuticals Gilead Sciences NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-10-09 (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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