Shares of tech companies rose as a rebound in risk appetite stoked demand for the sector. The Nasdaq Composite closed at a record high as comments from Federal Reserve Jerome Powell alleviated worries about the effects of higher interest rates on growth. Microsoft is being investigated by U.S. authorities over potential bribery and corruption related to software sales in Hungary, The Wall Street Journal reported. A fire on the grounds of Tesla's car factory in California on Thursday burned a scrap pile but was extinguished before it could cause major damage. Rob Curran, rob.curran@dowjones.com
The Federal Reserve alleviates worries over interest rates that have been going down, no longer higher.
The rates were getting higher, not going down. The agent found it hard as it seemed by the sentence it was saying the rates were getting higher.
( z1 alleviate :ARG0 ( z2 government-organization :name ( z3 name :op "Federal" :op "Reserve" ) ) :ARG1 ( z4 worry :ARG0 ( z5 rate :mod ( z6 interest ) :ARG1-of ( z7 go :direction ( z8 down ) ) :ARG1-of ( z9 have-degree :ARG2 ( z10 high ) :ARG3 ( z11 more :time ( z12 no-longer ) ) ) ) ) )