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About: http://data.cimple.eu/news-article/d3d5f7825cfc076438ae61d1f0177f215f608fe1932b3b574dc74b29 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Wall Street stocks bounced in opening trading Friday, winning back some of the losses suffered in three weak sessions that culminated in a rout Thursday. About 50 minutes into trading, the Dow Jones Industrial Average stood at 25,831.52, up around 700 points or 2.8 percent. The broad-based S&P 500 advanced 2.3 percent to 3,071,57, while the tech-rich Nasdaq Composite Index gained 2.2 percent to 9,703.13. Major indices on Thursday suffered their worst session since March on worries that a resurgence in coronavirus cases in some states will threaten the US economic recovery following shutdowns to stop the virus earlier in the spring. Stocks were back on the upswing Friday from the opening bell and holding their gains after data from the University of Michigan showed a surprisingly big jump in consumer confidence. Still, some analysts expect the volatility to continue. All 30 members of the Dow were in positive territory, with some of Thursday's biggest losers gaining the most, including Boeing, up 10.1 percent, Exxon Mobil, up 3.7 percent and JPMorgan Chase, up 3.1 percent. Among other companies, Adobe advanced 2.7 percent as it reported higher profits on a 14 percent increase in second-quarter revenues to $3.1 billion, joining the list of technology companies that have benefited amid the upheaval caused by COVID-19. jmb/hs
schema:headline	US stocks bounce back from rout
schema:mentions	Variance S&P 500 Index JPMorgan Chase ExxonMobil Dow Jones Industrial Average Virus Severe acute respiratory syndrome coronavirus 2 Michigan Wolverines men's basketball Consumer confidence NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-06-12 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	61 (xsd:integer)

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