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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 solidly higher Wednesday as markets monitored evolving vote counts in a handful of US states that will determine the next president. About 25 minutes into trading, the Dow Jones Industrial Average stood at 27,741.10, up 1.0 percent. The broad-based S&P 500 gained 1.4 percent to 3,417.07, while the tech-rich Nasdaq Composite Index jumped 2.3 percent to 11,419.69. With both President Donald Trump and Vice President Joe Biden still having pathways to victory, markets were watching updates from about a half dozen states that will determine a majority in the Electoral College. The presidential race was much tighter than polls had implied and Republicans also looked poised to maintain control of the Senate after polls also suggested the chamber would flip to Democratic control. "We did not have a big blue wave," said Quincy Krosby, Prudential Financial's chief market strategist. "The Senate will stay under the control of (Majority Leader) Mitch McConnell." The likely Senate victory by Republicans lessens the chance of a large US stimulus package to boost an economy still slowed by the coronavirus pandemic. That dynamic was apparent in the Treasury market, where yields fell on expectations for diminished inflation. Shares of Uber Technologies shot up 9.7 percent and Lyft won 11.6 percent after California voters backed a proposition that exempted ride-share rivals Uber and Lyft from a new state law requiring drivers to be treated as employees. jmb/cs
schema:headline	US stocks open higher as markets eye tight presidential vote
schema:mentions	25 Minutes S&P 500 Index American Recovery and Reinvestment Act of 2009 Dow Jones Industrial Average Lyft Party leaders of the United States Senate United States Electoral College Uber Mitch McConnell Inflation History of the United States Republican Party Vice President of the United States United States Senate California Pandemic Joe Biden Coronavirus President of the United States Donald Trump Initiative Prudential Financial Episcopal Diocese of Quincy Legislative chamber NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-11-04 (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	happiness

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