About: http://data.cimple.eu/news-article/77f639ebf5f4b70df415318812486f18a74d47d353017fa15061851b

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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 rose early Thursday on revived hopes for stimulus talks in Congress as US jobless claims held steady at a historically high level. Major indices climbed for a second straight session after US President Donald Trump walked back a cancelation of stimulus talks that rattled investors on Tuesday. About 25 minutes into trading, the Dow Jones Industrial Average was up 0.5 percent at 28,430.19. The broad-based S&P 500 gained 0.6 percent to 3,441.20, while the tech-rich Nasdaq Composite Index jumped 0.6 percent to 11,427.00. Trump, appearing on Fox Business News, said Thursday that there were "really good" odds of reaching a deal with Democrats in Congress on a new round of coronavirus stimulus for the battered US economy. Stocks had dropped after Trump torpedoed talks on Tuesday, but rallied Wednesday as the president retreated from that position. Airline shares were among the early winners. House Speaker Nancy Pelosi has signaled support for another round of payroll support to avert tens of thousands of layoffs in the airline industry. New US jobless benefit applications were barely changed last week. There were 840,000 new claims filed in the week ended October 3, a drop of 9,000 from the previous week's level, but around four times the level a year ago, according to the data. Among individual companies, Eaton Vance shot up 46.1 percent after it agreed to be acquired by Morgan Stanley for about $7 billion in the Wall Street giant's second big deal of 2020 after a $13 billion purchase of E-Trade. Morgan Stanley fell 1.1 percent. IBM led the Dow, jumping 7.0 percent as it announced it would spin out its managed infrastructure business into a new public company, further positioning IBM in cloud computing and artificial intelligence under new chief executive, Arvind Krishna. jmb/hs
schema:headline	US stocks gain again on revived stimulus hopes
schema:mentions	Fox Business Network IBM 25 Minutes Avert (HIV and AIDS organisation) S&P 500 Index Jobless claims Cloud computing Morgan Stanley Initial public offering Dow Jones Industrial Average USA Gymnastics Artificial intelligence Speaker of the United States House of Representatives United States Congress Nancy Pelosi Coronavirus President of the United States Donald Trump Eaton Vance Arvind Krishna E-Trade NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-10-08 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	61 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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