About: http://data.cimple.eu/news-article/af02e09f6b66eaa933a9a02bef3168c091fdf5788fdb61b6ae278f25

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rdf:type	schema:NewsArticle
schema:articleBody	Tech shares were hammered Monday and the Dow finished modestly lower to snap a three-day streak of records and retreat from an intraday jump above 35,000 points. The topsy-turvy session marked a choppy open to a week that includes upcoming retail sales and consumer price data seen as influential in shaping expectations for US monetary policy. Industrial names such as Caterpillar and 3M still mustered solid gains, but large tech names like Amazon and Facebook sank. "It really is kind of a tale of two cities if you will," said JJ Kinahan of TD Ameritrade. The Dow Jones Industrial Average ended down 0.1 percent at 34,742.82 after climbing above 35,000 points for the first time ever earlier in the day. The broad-based S&P 500 shed 1.0 percent to 4,188.43, while the tech-rich Nasdaq Composite Index dropped 2.6 percent to 13,401.86. US stocks had risen on Friday following a disappointing April jobs report that bolstered expectations the Federal Reserve will keep interest rates low for a long period of time to support the economic recovery. In addition to data on consumer prices and retail sales, this week's calendar also includes a report on producer prices. Numerous consumer and manufacturing companies highlighted rising prices as a challenge in their recent batch of earnings reports. Among individual companies, Marriott International fell 4.1 percent after reporting lower than expected revenues. The company said demand "increased rapidly" in the United States and Canada as more people became vaccinated against Covid-19. jmb/cs
schema:headline	Dow streak of records ends, Nasdaq sinks
schema:mentions	Judge S&P 500 Index Marriott International Dow Jones Industrial Average Federal Reserve Prime Video Canada Facebook United States Coronavirus disease 2019 Caterpillar Inc. 3M Topsy-Turvy Christy Kinahan TD Ameritrade Monetary policy NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-05-10 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	64 (xsd:integer)

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