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rdf:type	schema:NewsArticle
schema:articleBody	Wall Street stock indices ended at fresh records Thursday as investors cheered the new $1.9 trillion US economic relief package, which has bolstered confidence in the country's rebound. The Dow Jones Industrial Average climbed 0.6 percent to 32,485.59, concluding at an all-time high for the second straight day. The broad-based S&P 500 gained 1.0 percent to 3,939.34, also a record, while the tech-rich Nasdaq Composite Index jumped 2.5 percent to 13,398.67. US President Joe Biden signed the eagerly-anticipated economic relief package, which includes stimulus funds for households, an extension of unemployment benefits and myriad other programs for small businesses and low-income families. The legislation -- enacted as the US coronavirus vaccination campaign accelerates -- has helped spark "fear of missing out" on further equity gains among investors. "We have so much good news about to hit us for the next two years, that any pullback is probably an opportunity," said Maris Ogg of Tower Bridge Advisors. Some economists fear the federal largess will catalyze a big jump in inflation, potentially compelling a sudden shift in Federal Reserve policy. But Ogg views such fears as overblown, saying "there's still plenty of capacity in the world, and I doubt that we will have too much money chasing too few goods for very long." Large technology companies -- which have been under pressure in recent weeks -- had a strong session. Facebook won 3.4 percent, Google parent Alphabet 2.9 percent and Netflix 3.7 percent. But Oracle fell 6.5 percent on disappointment over its earnings forecast, despite reporting better-than-expected quarterly results. AMC Entertainment advanced 4.4 percent after executives offered an optimistic outlook on the movie theater business as coronavirus vaccines become more widespread. jmb/cs
schema:headline	Dow, S&P 500 end at records, extending rally
schema:mentions	S&P 500 Index Unemployment benefits Tower Bridge Stock AMC Theatres Ogg Protest Dow Jones Industrial Average Movie theater Federal Reserve Inflation Netflix Google Facebook Joe Biden Vaccine Coronavirus President of the United States Stock market index Fresh Records (UK) Pullback bundle Oracle Corporation NASDAQ Composite Microsoft Outlook
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-03-11 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	62 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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