About: http://data.cimple.eu/news-article/f474958db7733b2592218e5d479735be3b143e2f1bd775f34b07e766

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rdf:type	schema:NewsArticle
schema:articleBody	Wall Street stocks tumbled for a second straight session Tuesday despite a mostly strong batch of earnings, suggesting the market rally is running out of steam. After major indices finished last week at all-time highs, stocks are under pressure amid questions over whether the expected benefits of a speeding post-Covid economy were already priced in. "Earnings have been coming through fine, even better than fine," said Maris Ogg of Tower Bridge Advisors. But good results are "not so much an upside surprise," she added. The Dow jones Industrial Average fell 0.8 percent to 33,821.30. The broad-based S&P 500 shed 0.7 percent to 4,134.94, while the tech-rich Nasdaq Composite Index dropped 0.9 percent to 13,786.27. Among individual companies, Johnson & Johnson jumped 2.3 percent after reporting better-than-expected results. The pharmaceutical company also received a boost when Europe's medicines regulator determined that blood clots should be listed as a "very rare" side effect of J&J's coronavirus vaccine, and that the benefits of the shot still outweighed the risks. Boeing slumped 4.1 percent after announcing it was changing the retirement age for David Calhoun, enabling the CEO to stay on potentially through 2028. Calhoun offered no time-table on restoring Boeing's dividend. United Airlines also had a bad session after describing an airline recovery as a medium-term target, saying it may not exceed pre-Covid profit margins until 2023. Shares dropped 8.5 percent. Manchester United fell 6.0 percent following reports it would pull out of a breakaway football league after furious protest from politicians and football authorities. Procter & Gamble advanced 0.8 percent after the consumer products giant reported higher profits and announced plans to raise prices on some goods later this year. jmb/cs
schema:headline	US stocks fall again, shrugging off good results
schema:mentions	S&P 500 Index Procter & Gamble Tower Bridge Dividend Ogg Manchester United F.C. Dow Jones Industrial Average United Airlines Pharmaceutical industry Johnson & Johnson Association football Chief executive officer Rallying European Union Vaccine Severe acute respiratory syndrome coronavirus 2 Dave Calhoun NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-04-20 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	60 (xsd:integer)

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