About: http://data.cimple.eu/news-article/20f92d29c60a6a6a291a76b0f2ba1df536688212864b97afaa049799

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rdf:type	schema:NewsArticle
schema:articleBody	US equities closed lower on Thursday, weighed down by the tech sector amid growing certainty Washington will not produce a new stimulus package before the election. The bellwether Dow Jones Industrial Average dipped barely 0.1 percent to end the trading session at 28,494.2, while the broad-based S&P 500 lost 0.2 percent to close at 3,483.34. The tech-rich Nasdaq Composite Index fell 0.5 percent to 11,713.87. Analysts said sentiment was dampened by Covid-19 fears as the virus surges in Europe, along with uncertainty ahead of the November 3 US presidential election. But all three indices did recover by the close following sharper falls earlier in the day. Markets got a bit of a boost after President Donald Trump signaled he favored a rescue package to help jobless workers and struggling businesses costing more than the current $1.8 billion offer from the White House, but did not provide any details. However, Treasury Secretary Steven Mnuchin repeated his view that a deal with congressional Democrats would be hard to get done before the election. "We do need bipartisan support, we can't do this alone, so I will continue to negotiate until we can get a deal done," Mnuchin said on CNBC. Data released Thursday was mixed, with the Labor Department reporting a 53,000 rise in applications for unemployment benefits last week, which pushed jobless claims to their highest level since mid-August. Regional manufacturing indices for New York and Philadelphia showed a continued recovery, albeit at differing speeds. Alcoa shares dropped 5.4 percent after the company warned of a likely decline in earnings in the fourth quarter, while drug store chain Walgreens Boots Alliance gained 4.8 percent on better-than-expected earnings. hs/cs
schema:headline	Wall Street ends lower on fading stimulus prospects
schema:mentions	Washington Mystics United States Secretary of the Treasury Steven Mnuchin S&P 500 Index Jobless claims Unemployment benefits Computer virus Stock 2012 United States presidential election Dow Jones Industrial Average CNBC Philadelphia Australian Labor Party Presidency of Donald Trump European Union New York City President of the United States Donald Trump Coronavirus disease 2019 Alcoa Walgreens Boots Alliance Bellwether NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-10-15 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	68 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

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