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rdf:type	schema:NewsArticle
schema:articleBody	The Dow and S&P 500 both fell Wednesday as markets monitored increased coronavirus cases amid worries US stocks are overvalued. The Dow Jones Industrial Average finished at 26,119.61, down 0.7 percent. The broad-based S&P 500 lost 0.4 percent at 3,113.49, while the tech-rich Nasdaq Composite Index added 0.2 percent at 9,910.53. The lackluster session came after Tuesday's rally in which major indices gained around two percent following surprisingly good retail sales data and a positive clinical study of a coronavirus treatment. But investors have become skeptical of the market's buoyancy, weighing a still-weak economic picture against continued pledges for additional support from the Federal Reserve that are reassuring but also underscore the vulnerability of the economy, said Briefing.com analyst Patrick O'Hare. The "market has made a big run in a short amount of time in the face of a really tough economic climate," O'Hare said. "The market is due for a cooling-off period." O'Hare said a catalyst for late selling was an interview with investor Jeremy Grantham who warned on CNBC that the US is forming a stock bubble. Investors are also monitoring disturbing coronavirus trends in several US states, including Florida and Texas, as well as a new outbreak in China and rising deaths in Brazil and India. Among individual companies, Oracle dropped 5.6 percent as it reported a fall in quarterly revenues due in part to a decline in businesses from sectors that have suffered during the pandemic, including hospitality and retail. jmb/cs
schema:headline	US stocks end mostly down on valuation worries, Dow -0.7%
schema:mentions	Buoyancy Catalysis O'Hare International Airport S&P 500 Index Patrick Drake Protest Dow Jones Industrial Average CNBC Federal Reserve Texas Pandemic Florida India Brazil China Severe acute respiratory syndrome coronavirus 2 Jeremy Grantham Stock market bubble Lackluster Oracle Corporation NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-06-17 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	65 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

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