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About: http://data.cimple.eu/news-article/a91768c9e6b2711c9fbaa26570a7c70c1b8836b5b6e1c48a2b43a2b9 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Wall Street stocks finished mostly higher on Thursday, with the Nasdaq edging to a fresh record, despite worries over the coronavirus in China. Stocks opened solidly lower on worries the sickness could spread and dent the global economy. But sentiment shifted after the World Health Organization stopped short of calling the outbreak in China a public health emergency. "We started down in the morning because of the move the Chinese made to quarantine cities in varying degrees," said LBBW's Karl Haeling. "And then equities recovered after the WHO failed to declare a bigger crisis than it is," he added. The Dow Jones Industrial Average ended down 0.1 percent at 29,160.06. The broad-based S&P 500 climbed 0.1 percent to 3,325.54, while the tech-rich Nasdaq Composite Index rose 0.2 percent close at 9,402.48 and overtake the January 17 record by about 14 points. Among companies reporting results, Procter & Gamble dipped 0.5 percent after reporting better-than-expected profits despite slowing revenue growth. Briefing.com praised the report, but said P&G shares are being pressured by concerns over high valuation. Comcast dropped 3.8 percent after fourth-quarter profits beat expectations. A note from Stifel said Comcast is a "very well-run company," but "faces ongoing challenges in a rapidly changing video landscape" due to the streaming trend that has eroded conventional cable. The analysts endorsed Netflix, which rose 7.2 percent after Stifel predicted shares would double as it lacks "the burden of a legacy business to protect." Among other companies reporting results, American Airlines rose 5.4 percent, Texas Instruments added 0.6 percent and Union Pacific rose 3.5 percent. jmb/hs
schema:headline	Nasdaq edges to record as investors monitor China virus
schema:mentions	S&P 500 Index Procter & Gamble Cable television Pacific Time Zone Stock Dow Jones Industrial Average American Airlines Public health Ebola virus disease Quarantine Netflix World Health Organization United States China Stifel Texas Instruments Comcast Landesbank Baden-Württemberg NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-01-23 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	57 (xsd:integer)

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