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About: http://data.cimple.eu/news-article/0a0fd891fbc5ff8d8869e236d6e6bd07eb99fbb4ffadefe21eaf6bf5 Goto Sponge NotDistinct Permalink

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 opened higher Monday, buoyed by hopes of a return to economic normalcy as states eye easing restrictions on businesses that have closed to stop the spread of the coronavirus. About 30 minutes after the opening bell, the Dow Jones Industrial Average was up 0.6 percent to 23,916.12. The broad-based S&P 500 gained 0.8 percent to 2,859.62, while the tech-rich Nasdaq rose 1.1 percent to 8,732.54. New York Governor Andrew Cuomo announced on Sunday the hard-hit state would begin the first stage of a phased reopening on May 15 if hospitalizations decrease. Only construction and manufacturing would resume at first and solely in the north of the state rather than the epicenter New York city, with a two-week delay and checks for new contagion before office workers return. Georgia has also allowed some small businesses to reopen statewide, including barber shops, bowling alleys and nail salons, provided protective health measures were in place. Also bolstering investor sentiment was the $480 billion in additional money approved by Congress for a program providing grants and loans to small businesses. Wall Street posted gains on Friday but was down overall last week, after oil prices registered an astounding plunge into negative territory as traders scrambled to unload futures contracts amid a supply glut, before recovering. "At this juncture, the focus of investors is on the positive effect of the historic monetary and fiscal stimulus, the flattening of the COVID-19 curve, and the closer proximity to reopen the economy," Tony Dwyer of Canaccord Genuity said. However, he warned sectors like consumer discretionary and industrials had not yet shown enough growth to indicate the downturn is over. cs/hs
schema:headline	US stocks start higher as states eye reopening, Dow +0.5%
schema:mentions	S&P 500 Index Epicenter Barber Dow Jones Industrial Average Bowling Province of Georgia USA Gymnastics Andrew Cuomo City United States Congress New York City Coronavirus disease 2019 Global Industry Classification Standard Canaccord Genuity Analog Science Fiction and Fact Governor of New York Fiscal policy NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-04-27 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	75 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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