About: http://data.cimple.eu/news-article/53b648c6fcf87d8bad9a52768134b88a194344749a8d15800693650d

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rdf:type	schema:NewsArticle
schema:articleBody	Wall Street stocks mostly rose early Wednesday, shrugging off the prior session's weakness, ahead of another round of congressional testimony from US economic policymakers. Federal Reserve Chair Jerome Powell told a House panel Tuesday that inflation could tick higher, but that price increases would likely be temporary. Powell was due back at a Senate hearing Wednesday, along with Treasury Secretary Janet Yellen, who has consistently argued for aggressive fiscal spending to boost the coronavirus-ravaged US economy. About 35 minutes into trading, the Dow Jones Industrial Average was up 0.9 percent at 32,716.21. The broad-based S&P 500 climbed 0.5 percent to 3,929.55, while the tech-rich Nasdaq Composite Index slipped 0.1 percent to 13,212.68. Major indices fell about one percent Tuesday on fears of a resurgence in Covid-19 infections. US durable goods orders fell 1.1 percent last month, government data said on Wednesday, the first month-on-month slump since the worst of the pandemic's business disruptions in April 2020. Among individual companies, Intel rose 1.4 percent after announcing it will invest $20 billion in building two new plants in Arizona as part of a plan to ramp up production in the United States and Europe. jmb/cs
schema:headline	Dow, S&P 500 bounce back after weak session
schema:mentions	S&P 500 Index Intel United States Department of the Treasury Dow Jones Industrial Average Lewis F. Powell Jr. Federal Reserve Inflation United States Senate European Union Pandemic United States Coronavirus disease 2019 Janet Yellen Arizona Wildcats men's basketball Jerome Powell NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-03-24 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	63 (xsd:integer)

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