About: http://data.cimple.eu/news-article/c59e47288f047abad42dbbafdb128e25913f700c6f571a51eacd36bb

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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 posted mild gains on Thursday despite data showing another 6.65 million workers filed for jobless benefit claims last week as the coronavirus pandemic forced businesses to shut nationwide. The benchmark Dow Jones Industrial Average gained 2.2 percent to finish the session at 21,413.44, recovering some of the ground lost in the prior session. The broad-based S&P 500 gained 2.3 percent to end at 2,526.90 and the tech-rich Nasdaq climbed 1.7 percent to 7,487.31. The downbeat jobless numbers, which mean 10 million workers lost their jobs in the second half of March, sent markets down at the opening bell, continuing the battering seen on Wednesday after US President Donald Trump warning the country to brace for a worsening COVID-19 outbreak. But Trump's announcement that oil producers Russia and Saudi Arabia planned to end their price war sent crude surging before moderating after Moscow denied it had spoken to Riyadh. Nonetheless, oil prices posted their largest increase in a single session, with Brent up 21 percent and WTI jumping nearly 25 percent. That cheered Wall Street, where choppy trading has become the norm as the coronavirus walloped the world's largest economy. "The broad economic weakness that the global economy is likely to endure is not fully priced in into markets right now," said Eric Freedman of US Bank Wealth Management. "For us, the general concern is that the duration of the economic downturn is going to err on the side of longer as opposed to shorter," he said. Energy stocks were predictably among the best performers on Wall Street, with Chevron up 11 percent and ExxonMobil ending 7.6 percent higher. cs/hs
schema:headline	Wall Street ends with mild gains, Dow up 2.3%
schema:mentions	U.S. Bancorp S&P 500 Index ExxonMobil Chevron Corporation 2020 coronavirus outbreak in Singapore Riyadh Social norm Dow Jones Industrial Average Moscow Presidency of Donald Trump Saudi Arabia Russia Pandemic Coronavirus President of the United States Donald Trump Price war NASDAQ Composite West Texas Intermediate
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-04-02 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	60 (xsd:integer)

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