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rdf:type	schema:NewsArticle
schema:articleBody	Wall Street stocks finished solidly higher Tuesday as markets embraced better coronavirus case counts in some hotspots, even as banking earnings pointed to economic weakness. The Dow Jones Industrial Average gained more than 550 points, or 2.4 percent, at 23,949.76. The broad-based S&P 500 jumped 3.1 percent to 2,846.06, while the tech-rich Nasdaq Composite Index surged 4.0 percent to 8,515.74. Tuesday's gains marked the latest positive day for stocks since officials in New York and some other hotspots pointed to progress in cutting the number of new coronavirus cases. Some international markets, including Italy and Austria, have relaxed some lockdown measures as US officials begin to tackle the question of how to safely reopen the economy. Still, there were plenty of fresh signs of gloom. The International Monetary Fund said the downturn will slash $9 trillion from the global economy in the worst downturn in almost a century. Earnings results from large banks also raised red flags, with JPMorgan Chase falling 2.7 percent and Wells Fargo shedding 4.0 after both banks set aside billions of dollars to cover potential loan defaults. Boeing was another laggard, dropping 4.2 percent as it disclosed additional plane order cancelations while it contends with the coronavirus crisis on top of the continued issues with the 737 MAX, which remains grounded following two deadly crashes. But Johnson & Johnson surged 4.4 percent as it trimmed its full-year forecast due to the coronavirus, but lifted its dividend as it works to develop a vaccine for Covid-19. jmb/bgs
schema:headline	US stocks end higher on improving coronavirus outlook
schema:mentions	S&P 500 Index JPMorgan Chase 2001 Omsk An-70 crash Dividend Boeing 737 MAX Wells Fargo Dow Jones Industrial Average Johnson & Johnson Austria International Monetary Fund Italy Lockdown New York City Vaccine Severe acute respiratory syndrome coronavirus 2 Coronavirus disease 2019 NASDAQ Composite Microsoft Outlook
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-04-14 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	60 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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