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rdf:type	schema:NewsArticle
schema:articleBody	Wall Street stocks rose Thursday, with the S&P 500 finishing at another record, after lackluster employment data bolstered expectations the Federal Reserve will remain dovish. The Labor Department reported 744,000 new jobless claims, seasonally adjusted, in the week ended April 3, an increase of 16,000 from the previous week's upwardly-revised level. Though a negative sign for the economy, the disappointing labor figures "will convince the Fed that it needs to be patient before removing policy accommodation," Briefing.com analyst Patrick O'Hare said. In an appearance on an IMF panel, Fed Chair Jerome Powell again said that any rise in inflation would be ephemeral and signaled an accommodative stance on monetary policy. The broad-based S&P 500 finished at a second straight record, climbing 0.4 percent to 4,097.17. The Dow Jones Industrial Average gained 0.2 percent to 33,503.57, while the tech-rich Nasdaq Composite Index jumped 1.0 percent to 13,829.31. Karl Haeling of LBBW said investors were also pleased by statements from President Joe Biden indicating willingness to compromise on his proposed hike in the corporate tax. Large technology companies were mostly higher, with Apple gaining 1.9 percent, Netflix 1.4 percent and Amazon 0.6 percent. jmb/cs
schema:headline	US stocks rise with S&P 500 ending at another record
schema:mentions	Plus and minus signs O'Hare International Airport S&P 500 Index Jobless claims Dow Jones Industrial Average Corporate tax Federal Reserve International Monetary Fund Prime Video Saint Patrick Australian Labor Party Inflation Apple Inc. Netflix Joe Biden President of the United States Lackluster Landesbank Baden-Württemberg Monetary policy Jerome Powell NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-04-08 (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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