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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 marched higher Monday to end with solid gains as investors appeared unphased by US President Donald Trump's battle with Covid-19. The benchmark Dow Jones Industrial Average gained 1.7 percent to finish at 28,148.64. The broad-based S&P 500 jumped 1.8 percent to 3,408.60, while the tech-rich Nasdaq surged 2.3 percent to 11,332.49. Stocks slumped on Friday after Trump announced his diagnosis, but the president announced during Monday trading he would be leaving the Walter Reed military medical center he had checked into last week. Former vice president Joe Biden's solidifying lead over Trump in the November vote as well as positive economic developments also reassured investors, analysts said. "Renewed hopes of a bipartisan fiscal stimulus agreement are also lifting the mood, while indications that Democratic presidential nominee Joe Biden has widened his lead in the polls is reducing concern over the possibility of a contested November election," Wells Fargo Advisors said in a note. Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi talked again on Monday as they searched for a long-elusive agreement on additional stimulus for the pummeled US economy, a top Pelosi aide said. The two sides have been negotiating for weeks over a follow-up package to the $2.2 trillion CARES Act passed as the coronavirus pandemic erupted earlier this year. In economic data, the Institute for Supply Management said the dominant US services sector saw growth accelerate in September and employment break a six-month contraction, with its services index rising 0.9 points to 57.8 percent. Among individual stocks, ExxonMobil rebounded from an early decline, gaining 2.3 percent after announcing plans to lay off 11 percent of its European workforce. MyoKardia, which specializes in the treatment of cardiovascular ailments, shot up 58 percent after pharmaceutical giant Bristol Myers Squibb announced it would buy the firm. Bristol Myers gained 0.8 percent. hs/cs
schema:headline	US stocks close higher despite Trump virus uncertainty
schema:mentions	Steven Mnuchin S&P 500 Index ExxonMobil Fargo Trucks Wild Cards United States Department of the Treasury Dow Jones Industrial Average Walter Reed Army Medical Center USA Gymnastics Pharmaceutical industry Cardiovascular disease Speaker of the United States House of Representatives Nancy Pelosi Pandemic Joe Biden Coronavirus President of the United States Donald Trump Coronavirus disease 2019 Bristol-Myers Squibb Fiscal policy NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-10-05 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	70 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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