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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 retreated from records Wednesday despite some strong earnings from retailers and Apple hitting a historic landmark as it became the first US company worth $2 trillion. Analysts pointed to profit-taking after Tuesday's session, which saw both the S&P 500 and Nasdaq end at all-time highs. "You've had such a huge run," said Briefing.com analyst Patrick O'Hare. "It's not all that uncommon once you've achieved a record high to see some backtracking." The Dow Jones Industrial Average finished down 0.3 percent at 27,692.88. The broad-based S&P 500 lost 0.4 percent at 3,374.86, while the tech-rich Nasdaq Composite Index declined 0.6 percent to 11,146.46. Stocks were choppy throughout the session, but fell after Federal Reserve meeting minutes that showed central bankers worried about US economic weakness and viewing another fiscal package as necessary. But talks on another fiscal package remain stalled amid partisan fighting in Washington. Apple gained 0.1 percent, retreating a bit from its peak earlier in the session when it became the first US company to reach $2 trillion in market value, a surge that underscores how tech giants have benefited amid the pandemic. Among other stocks, Target jumped 12.7 percent as it reported an 80 percent increase in profits to $1.7 billion following surging sales amid the coronavirus. Target is among the multipurpose retailers deemed "essential" that stayed open throughout the spring when many smaller chains closed. Goodyear Tire & Rubber dropped 2.4 percent after US President Donald Trump called for boycott, citing a report that the tire company banned employees from donning Trump's campaign hat. Goodyear said it has directed employees "not to engage in political campaigning of any kind in the workplace -- for any candidate, party or political organization." Boeing shed 0.6 percent despite announcing a rare new order for its embattled 737 MAX. Poland's Enter Air ordered two MAX planes and took options for two more MAX planes. The MAX has still not been cleared by regulators to resume service following two deadly crashes. jmb/cs
schema:headline	Stocks retreat from records as Apple hits $2 tn in value
schema:mentions	Washington Mystics O'Hare International Airport S&P 500 Index 2001 Omsk An-70 crash Goodyear Tire and Rubber Company Boeing 737 MAX Dow Jones Industrial Average Tire Federal Reserve Boycott Target Corporation Apple Inc. Poland Pandemic Coronavirus President of the United States Donald Trump Campaign hat Enter Air Backtracking MAX Light Rail Danica Patrick NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-08-19 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	56 (xsd:integer)

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