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About: http://data.cimple.eu/news-article/932355bf37cb5fb4e71b1f7b29c78de2ae9867c47f5eb9f30e3e0319 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Major Wall Street stock indices ended at records on Friday, concluding a solid week on expectations for more US stimulus and an economic rebound fueled by coronavirus vaccines. All three major indices finished at all-time highs, with the S&P 500 gaining 0.5 percent to finish at 3,934.83, up 1.2 percent for the overall week. The Dow Jones Industrial Average edged up 0.1 percent to 31,458.40, while the tech-rich Nasdaq Composite Index also won 0.5 percent to 14,095.47. Markets meandered through much of the week, but generally drifted higher following mostly good corporate earnings. Much of the economic data has been weaker, but investors view that dynamic as lending further momentum to President Joe Biden's stimulus proposal. "We can see that Biden wants to move forward with his package quickly," said Gregori Volokhine, president of Meeschaert Financial Services. "We can also see more progress on coronavirus vaccines." Among individual equities, Disney dropped 1.8 percent after reporting strong growth in new subscribers for its streaming service, while its parks and recreation division continued to suffer during Covid-19. Disney reported quarterly profit of just $17 million compared with $2.1 billion in the same period a year earlier. But PayPal jumped 4.7 percent as the company released long-term growth targets that project annual revenues reaching $50 billion or more in 2025, compared with $21.5 billion in 2020. jmb/cs
schema:headline	Dow, S&P 500, Nasdaq end at records after solid week
schema:mentions	S&P 500 Index Stock Dow Jones Industrial Average PayPal The Walt Disney Company Joe Biden Coronavirus President of the United States Coronavirus disease 2019 Momentum investing Stock market index NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-02-12 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	58 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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