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An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Fears about the state of the US economic recovery turned Wall Street negative at the close Tuesday, reversing gains made in early trading. Equities rose at the open, but retreated following data from The Conference Board showing US consumer confidence flatlined in May, with Americans feeling less optimistic about employment and the business environment in coming months even as they viewed current conditions positively. "It may be the economic data with the disappointment in consumer confidence" that undermined stocks as the index was expected to increase modestly, Peter Cardillo of Spartan Capital Securities told AFP. The benchmark Dow Jones Industrial Average ended 0.2 percent lower at 34,312.46, and the broad-based S&P 500 lost 0.2 percent to finish at 4,188.13. The tech-rich Nasdaq Composite Index was flat at 13,657.17. Moderna, however, managed a gain of 3.1 percent after the drugmaker said trials had shown its Covid-19 vaccine is "highly effective" in adolescents aged 12-17, and the company would seek regulators' approval in June. Lordstown Motors lost 7.5 percent as the electric truck startup warned it would need to raise additional capital to meet its production targets, but that reflected a recovery from the more-severe plunge earlier in the day. cs/hs
schema:headline	Wall Street turns jittery, Dow closes lower
schema:mentions	S&P 500 Index Dow Jones Industrial Average Agence France-Presse Vaccine Coronavirus disease 2019 Lordstown, Ohio Electric truck The Conference Board Consumer confidence NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-05-25 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	73 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

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