About: http://data.cimple.eu/news-article/d799482b721cb51bea31f660c8fd39ec44293b90086f98063ec9bb35

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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	Technology shares led US stocks higher Thursday as markets weighed mixed economic data and the odds of a last-ditch effort in Washington to enact a stimulus bill. The tech-rich Nasdaq Composite Index finished up 1.4 percent at 11,326.51, reflecting the latest out-performance of Facebook, Amazon and other digital giants. The Dow Jones Industrial Average edged up 0.1 percent to 27,816.90, while the broad-based S&P 500 climbed 0.5 percent to 3,380.80. Among the data releases Thursday, US jobless claims dipped slightly from the prior week, but remained at 837,000, still an extremely elevated level by historic standards. US car sales from General Motors and other auto giants fell less than expected. But Commerce Department data showed a drop in personal income of 2.7 percent in August, reflecting a hit from the expiration of US supplemental unemployment benefits. "The huge decline in household income is a warning that the economy is still heavily dependent on government social welfare payments," said economist Joel Naroff. The data deluge comes ahead of Friday's closely-watched government jobs report. The situation remained fluid on Capitol Hill on the latest effort to reach a deal on stimulus, but hopes were fading, with the House scheduled to go into recess at the end of the week. A top aide to Democratic House Speaker Nancy Pelosi said the lawmaker had held discussions with Treasury Secretary Steven Mnuchin regarding "further clarifications on amounts and language, but distance on key areas remain. "Their conversation will continue this afternoon," Pelosi's Deputy Chief of Staff Drew Hammill said on Twitter. jmb/jm
schema:headline	Tech shares lead as Wall Street monitors stimulus talks
schema:mentions	United States Secretary of the Treasury Steven Mnuchin Digital media S&P 500 Index Jobless claims Unemployment benefits Dow Jones Industrial Average USA Gymnastics General Motors University of Washington Speaker of the United States House of Representatives United States Congress Nancy Pelosi Twitter Facebook Information explosion Clarifications (The Wire) Amazon Music United States Department of Commerce Economy NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-10-01 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	65 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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