About: http://data.cimple.eu/news-article/63f663edf4b67bc48e2c0c252f87ae8ec5e87bc19e5ce895f755de63

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/63f663edf4b67bc48e2c0c252f87ae8ec5e87bc19e5ce895f755de63 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	US equities were mostly flat on Tuesday while tech shares dropped amid a flurry of quarterly earnings and ahead of the conclusion of the Federal Reserve's two-day meeting. While corporate earnings have mostly been strong as the US vaccination campaign and economic reopening have boosted consumer confidence to its highest level since before the pandemic, analysts say rising Covid-19 cases worldwide are worrying investors. The benchmark Dow Jones Industrial Average closed essentially unchanged at 33,984.93, as did the broad-based S&P 500, which shed less than a point from Monday's record to end at 4,186.72. The tech-rich Nasdaq Composite Index fell 0.3 percent to 14,090.22. Markets were digesting quarterly reports from companies like General Electric, UPS and Dow-member 3M, and awaiting big tech names including Google-parent Alphabet, which reported after the closing bell. Karl Haeling of LBBW said that as investors await those earnings reports, "There is a tendency, particularly for tech stocks, that the market trades... and then they kind of sell off no matter what the earnings are. He noted that markets also are watching the Fed decision Wednesday for any shift in its views on the economy and inflation. A spike in copper prices to its highest level in decades "is reminding people about inflation pressures," Haeling said. President Joe Biden will also on Wednesday address Congress and unveil a plan to hike the capital gains tax for those making more than $1 million per-year to pay for child care and free community college. Among individual stocks, UPS jumped 10.4 percent following a 27 percent surge in quarterly revenues to $22.9 billion on higher e-commerce deliveries. 3M fell 2.6 percent after earnings beat expectations, but the company warned of higher costs due to supply chain disruptions. General Electric fell 0.6 percent after reporting a $2.9 billion loss on lower revenues in key divisions, including power and aviation. hs/cs
schema:headline	Wall Street mixed amid earnings flood, Fed meeting
schema:mentions	Closing Bell General Electric S&P 500 Index E-commerce Supply chain Stock Big Four tech companies United Parcel Service Dow Jones Industrial Average Capital gains tax Copper Federal Reserve Inflation United States Congress Pandemic Joe Biden Vaccine President of the United States Coronavirus disease 2019 3M Landesbank Baden-Württemberg Consumer confidence NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-04-27 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	68 (xsd:integer)
http://data.cimple...tology#hasEmotion	sadness

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 5 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software