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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 opened higher Tuesday, surging for a second straight session amid hopes governments are making progress in combatting the spread of the coronavirus. About 15 minutes into trading, the Dow Jones Industrial Average stood at 23,380.75, up 700 points or 3.1 percent. The broad-based S&P 500 jumped 2.7 percent to 2,735.25, while the tech-rich Nasdaq Composite Index gained 2.2 percent to 8,084.82. Analysts said the gains reflected less bleak coronavirus case figures in key hotspot regions, such as New York city and Italy. But many analysts are taking the surge with a grain of salt. "It is gleeful that we could be nearing the worst of the coronavirus from a health standpoint," said Briefing.com analyst Patrick O'Hare. But he cautioned that sentiment might be "too far ahead of itself with an assumption that things will go back to normal when the stay-at-home orders are lifted." Analysts expect more market volatility ahead as companies announce additional cutbacks and the economic slowdown hits company profits. In the last day, Boeing has suspended production at a big airplane factory in South Carolina, the last in operation, and Exxon Mobil has trimmed its capital budget. jmb/hs
schema:headline	US stocks open much higher on hopes virus spread limited
schema:mentions	Variance O'Hare International Airport S&P 500 Index ExxonMobil Biodiversity hotspot Dow Jones Industrial Average USA Gymnastics South Carolina City New York City Virus Severe acute respiratory syndrome coronavirus 2 Cutbacks Danica Patrick NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-04-07 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	60 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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