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About: http://data.cimple.eu/news-article/8bcb0e98c39fb4fcdf36dee27e90f8e24c7526c38c9fe1bcd4d0fa46 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Wall Street slowly climbed upward at the open Wednesday amid major earnings reports and continued uncertainty surrounding the coronavirus pandemic. About 20 minutes into trading, the benchmark Dow Jones Industrial Average was up 0.3 percent at 28,775.71. The broad-based S&P 500 advanced 0.4 percent to 3,526.77, while the tech-rich Nasdaq climbed 0.5 percent to 11,920.37. Equities retreated the day before despite better-than-expected results from major banks Citigroup and JPMorgan, with analysts taking note of executives' insistence that more stimulus is needed for the US economy. Lawmakers in Congress have been deadlocked for months over such spending and the impasse shows no sign of ending soon, while virus cases across the United States are moving upwards. "An uptick in coronavirus cases remains a market overhang, with the US reporting the highest number of hospitalizations related to the virus since early September," Wells Fargo Advisors said. "Additionally, market participants are tempering expectations that lawmakers in Washington can reach an agreement for a fiscal stimulus bill before the election, as the negotiations seem to reach an impasse." Goldman Sachs gained 0.9 percent after reporting that profits had nearly doubled in the third quarter. Johnson & Johnson shares were nearly flat at $148.32 after tumbling 2.3 percent Tuesday following the company's announcement that it paused its coronavirus vaccine trial after a participant became ill. cs/hs
schema:headline	US stocks advance cautiously at open amid earnings, virus
schema:mentions	NASDAQ Washington Mystics S&P 500 Index Fargo Trucks Dow Jones Industrial Average Goldman Sachs Johnson & Johnson United States Congress Pandemic Virus Vaccine United States Severe acute respiratory syndrome coronavirus 2 Market overhang Musical temperament Citigroup Fiscal policy
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-10-14 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	69 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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