About: http://data.cimple.eu/news-article/8edcb7168750f62f822781ce1bb950ebb44db00a390ecf91ccdcc6ac

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rdf:type	schema:NewsArticle
schema:articleBody	Wall Street stocks finished modestly lower Wednesday, with oil-related equities diving as Federal Reserve minutes showed the US central bank inching closer to shifting monetary policy. Dow members Chevron, midsized petroleum producer Apache and oil services titan Halliburton all fell around three percent or more as oil prices slid amid worries over weakening demand in India and other markets ravaged by Covid-19. Meanwhile, Fed minutes showed some officials believe the US economy may soon be healthy enough to taper asset purchases, one of the first signs of a shift in the central bank's easy money policies. "Thinking about, thinking about tapering," said a note from Oxford Economics that describes the Fed's deliberate moves towards a shift. The firm predicted that the Fed would formally change course in August. The Dow Jones Industrial Average ended down 0.5 percent at 33,896.04, more than 400 points above session lows. The broad-based S&P 500 shed 0.3 percent to 4,115.68, while the tech-rich Nasdaq Index slipped less than 0.1 percent to 13,299.74. Major indices have now fallen the last three sessions, with concerns about excessive valuations adding to the inflation worries. Some analysts see the drop as evidence of profit taking. Among individual companies, Target surged 6.1 percent after the big-box retailer reported better-than-expected profits on a 23 percent jump in revenues. Comparable store sales surged 18 percent. But rival retailer Lowe's dropped 1.1 percent and TJX Companies dove 5.3 percent following earnings releases. jmb/cs
schema:headline	US stocks end modestly lower as oil-linked shares tumble
schema:mentions	Apache HTTP Server S&P 500 Index Chevron Corporation Slid (Fluke song) Stock Dow Jones Industrial Average Petroleum Federal Reserve Columbidae University of Oxford Inflation Target Corporation India Coronavirus disease 2019 TJX Companies Big-box store Halliburton Monetary policy NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-05-19 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	61 (xsd:integer)

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