About: http://data.cimple.eu/news-article/065bdb6425934c5e4ba8c7b3c5fe2de849634e4c6c098d57e50247cc

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About: http://data.cimple.eu/news-article/065bdb6425934c5e4ba8c7b3c5fe2de849634e4c6c098d57e50247cc Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Wall Street stocks paused near records early Thursday as a three-day rally showed signs of fading while markets continued to monitor the coronavirus outbreak in China. The S&P 500 and Nasdaq both smashed records Wednesday, betting that the economic hit from the epidemic will not be lasting even as some analysts warned of potential market volatility due to the outbreak. On Thursday, China announced it would halve tariffs on $75 billion-worth of US imports as part of the trade truce with Washington signed last month, a concrete sign of progress on the deal. US Treasury Secretary Steven Mnuchin told Fox Business Network he expects China to fulfill its commitments under the accord to buy $200 billion US farm products and other goods, saying sales will not be derailed by the virus. About 25 minutes into trading, the Dow Jones Industrial Average was down a hair at 29,278.08. The broad-based S&P 500 edged up 0.1 percent to 3,338.60, while the tech-rich Nasdaq Composite Index gained 0.2 percent to 9,529.98. Twitter surged 15 percent as it reported lower profits, but topped $1 billion in revenues, adding millions of new users in the fourth quarter. Estee Lauder climbed 3.6 percent after reporting better-than-expected quarterly profits. But the cosmetics giant cut its annual forecast, citing a hit from the coronavirus. jmb/hs
schema:headline	US stocks pause at records as rally shows sign of fatigue
schema:mentions	United States Secretary of the Treasury Fox Business Network Variance 25 Minutes Steven Mnuchin Estée Lauder Companies S&P 500 Index Cosmetics Protest Dow Jones Industrial Average Fatigue University of Washington Ebola virus disease Twitter China Coronavirus Severe acute respiratory syndrome coronavirus 2 NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-02-06 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	65 (xsd:integer)

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