About: http://data.cimple.eu/news-article/28fbc7f56627055f0f55d62d478e5fa2c58a8c6737abe93e3217c654

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About: http://data.cimple.eu/news-article/28fbc7f56627055f0f55d62d478e5fa2c58a8c6737abe93e3217c654 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 stocks finished a choppy session higher Wednesday as investors weighed progress towards a coronavirus vaccine against worries over worsening US-China relations. The Dow Jones Industrial Average finished up 0.6 percent at 27,005.73. The broad-based S&P 500 also climbed 0.6 percent to 3,276.05, while the tech-rich Nasdaq Composite Index advanced 0.2 percent to 10,706.13. US-China tensions, already rising because of the coronavirus pandemic and Beijing's crackdown in Hong Kong, ratcheted up another notch as the United States ordered the closure of the Chinese consulate in Houston within 72 hours. Meanwhile, German firm BioNTech and Pfizer announced that the US government had agreed to pay almost $2 billion for 100 million doses of a potential coronavirus vaccine if regulatory approval is granted. Pfizer led the Dow, gaining 5.1 percent. The progress towards a vaccine has offset worries about spiking US coronavirus cases, though analysts caution it could take more time than the market expects to widely distribute a vaccine. The National Association of Realtors reported sales of existing US homes jumped a record 20.7 percent in June, ending three months of coronavirus-driven declines as buyers returned to the market. Among individual companies, Best Buy surged 7.8 percent after it said that its second-quarter sales were on track to increase 2.5 percent compared with the year-ago period, and that it was raising starting pay for workers to $15 an hour. Nike gained 0.6 percent as it said it expects to cut jobs during a revamp of its organization, aiming to accelerate direct-to-consumer initiatives amid the coronavirus pandemic. United Airlines fell 4.2 percent after reporting a $1.6 billion loss in the second quarter. Executives offered a cautious outlook on flying demand, saying they do not expect a full recovery until a COVID-19 vaccine is developed and widely available. jmb/cs
schema:headline	US stocks gain despite rising China tensions
schema:mentions	S&P 500 Index Dow Jones Industrial Average 72 Hours (TV series) United Airlines MIM-3 Nike Ajax Houston Hong Kong Pandemic Pfizer Vaccine United States China Severe acute respiratory syndrome coronavirus 2 Direct-to-consumer advertising Best Buy ReVamp NASDAQ Composite Microsoft Outlook
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-07-22 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	62 (xsd:integer)

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