About: http://data.cimple.eu/news-article/ae7f4241e1b5b3ba09c31bd674ef8eddb36ae3355c1a0cd5536fb7fc

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rdf:type	schema:NewsArticle
schema:articleBody	The Dow and S&P 500 powered to fresh records Friday amid rising optimism over an economic recovery as coronavirus vaccines become increasingly available. Banking and petroleum-linked shares were among the leaders as tepid consumer pricing data reassured investors that inflation remains limited even as the economy picks up momentum. "This period of hesitation and rotation going on since mid-February is coming to an end," said Karl Haeling of LBBW, who expects a strong April for stocks. The Dow Jones Industrial Average jumped 1.4 percent to 33,072.88, topping a record set earlier this month. The S&P 500 gained 1.7 percent to 3,974.54, also a record, while the tech-rich Nasdaq Composite Index gained 1.2 percent to 13,138.73. Commerce Department data showed prices grew less than expected at 0.2 percent in February, which was 1.6 percent higher than the year-ago period, easing fears that government stimulus measures would cause inflation and force the Federal Reserve to raise interest rates sooner than expected. JPMorgan Chase jumped 1.7 percent while Bank of America advanced 2.7 percent following the Federal Reserve's announcement that most financial institutions could resume share buybacks and dividend payouts after June 30. Petroleum producers Apache, EOG and Marathon all won at least 2.0 percent behind rising confidence in an economic recovery that boosts oil demand. jmb/cs
schema:headline	Dow, S&P 500 surge to fresh records
schema:mentions	Marathon Apache HTTP Server S&P 500 Index JPMorgan Chase Dividend Diesel generator Dow Jones Industrial Average Federal Reserve Inflation Severe acute respiratory syndrome coronavirus 2 Landesbank Baden-Württemberg Fresh Records (UK) United States Department of Commerce NASDAQ Composite Momentum
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-03-26 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	60 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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