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About: http://data.cimple.eu/news-article/b8c6b0b1f7d5c327e78fdddad02890205375bd4e1b4733c7b6383b6b 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	The Dow rocketed to a fresh record on Wednesday after Congress approved a $1.9 trillion economic relief package, the last hurdle before President Joe Biden signs it into law. The Dow Jones Industrial Average jumped 1.5 percent to 32,297.02, propelled by huge positive moves in traditional industrial companies like Boeing and financial heavyweights like Goldman Sachs. The broad-based S&P 500 gained 0.6 percent to 3,898.81, while the tech-rich Nasdaq Composite Index slipped less than 0.1 percent to 13,068.83. The session marked a return to the trends of recent weeks after the Nasdaq rallied on Tuesday following big gains by Apple, Tesla and other tech giants. The US Congress finally passed Biden's enormous economic relief package on a party-line vote, pumping billions of dollars into US households and unemployed workers and providing support for efforts to alleviate child poverty. Executives surveyed by the Business Roundtable expressed optimism about improving conditions over the next six months, with 72 percent saying conditions have already recovered or will have recovered by the end of 2021. Rising energy prices drove US consumer inflation up 0.4 percent in February, but "core" inflation excluding food and energy edged up just 0.1 percent from January, according to US data. Briefing.com analyst Pat O'Hare said the data -- which was roughly in line with expectations -- "placated" investors who have been rattled by higher US Treasury yields in recent weeks. "The market is still wedded to the reopening narrative and the likelihood that the cyclicals are the place to be," O'Hare said. Among individual companies, General Electric dropped 5.4 percent after announcing it will sell its aircraft leasing business to AerCap for $30 billion. AerCap fell 4.7 percent. Gaming platform Roblox surged 54.4 percent in its stock market debut as a direct listing. The platform allows users to create their own video games and gives them a share of related revenue. jmb/cs
schema:headline	Dow ends at record after Congress approves US stimulus package
schema:mentions	NASDAQ Roblox General Electric O'Hare International Airport S&P 500 Index American Recovery and Reinvestment Act of 2009 United States Department of the Treasury World energy consumption Dow Jones Industrial Average Child poverty Goldman Sachs Industry Stock market Tesla Model 3 Inflation Apple Inc. United States Congress Joe Biden President of the United States AerCap Business Roundtable Aircraft lease NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-03-10 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	63 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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