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rdf:type	schema:NewsArticle
schema:articleBody	Wall Street stocks finished lower Thursday following a choppy session as markets weighed heightening US-China tensions and another spike in jobless claims. The Dow Jones Industrial Average shed 0.4 percent to 24,474.12. The broad-based S&P 500 dropped 0.8 percent to 2,948.51, while the tech-rich Nasdaq Composite Index tumbled 1.0 percent to 9,284.88. The pullback extended the week's pattern of volatility after a big rally day Monday was followed by a pullback Tuesday and then more gains Wednesday. "Every other day is another direction," said Art Hogan, chief market strategist at National Securities. Markets are trying to suss out whether states reopening their economies were seeing significant coronavirus outbreaks and also weighing announcements about pharmaceutical developments that could combat COVID-19. "We're as glued to the coronavirus news as much as the economic news and that's going to cause a lot of volatility," Hogan said. The Labor Department reported that another 2.43 million US workers applied for unemployment benefits last week, bringing the total since the coronavirus shutdowns began in mid-March to a massive 38.6 million. Investors also increasingly view tensions between Washington and Beijing as a risk to stocks in the coming months, with US President Donald Trump loudly blaming China for the outbreak that has claimed more than 90,000 American lives. Retailers were mixed following earnings announcements, with Best Buy sliding 4.4 percent, TJX gaining 6.8 percent and Macy's advancing 5.9 percent. jmb/cs
schema:headline	US stocks end lower after another jump in jobless claims
schema:mentions	Variance S&P 500 Index Jobless claims Unemployment benefits Protest Dow Jones Industrial Average Pharmaceutical industry Beijing Australian Labor Party United States China Severe acute respiratory syndrome coronavirus 2 President of the United States Donald Trump Coronavirus disease 2019 TJX Companies Best Buy Pullback bundle NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-05-21 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	64 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

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