About: http://data.cimple.eu/news-article/dd46443f48737563d8cfee279b9cdabac60881302dca8ea493c35f02

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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	Wall Street stocks dropped early Thursday on worries that the coronavirus will crimp growth in China as major companies reported mixed earnings. China locked down the city of Wuhan and also closed Beijing's Forbidden City due to rising fears over a new SARS-like virus that has infected hundreds and killed more than a dozen. Briefing.com analyst Patrick O'Hare said there are also fears the virus will spread to other Asian countries and cause economic damage. Singaporean authorities on Thursday confirmed that country's first case. "At this juncture, it would have to be labeled an exaggerated fear but worries tend to get exaggerated and investor psychology tends to get rattled more easily in markets trading at a high valuation," O'Hare said. About 35 minutes into trading, the Dow Jones Industrial Average was at 29,065.95, down 0.4 percent. The broad-based S&P 500 dipped 0.6 percent to 3,311.23, while the tech-rich Nasdaq Composite Index slipped 0.2 percent to 9,366.53. Among companies reporting results, Procter & Gamble edged up 0.3 percent after reporting better-than-expected profits despite slowing revenue growth. The consumer products giant pointed to broad-based sales growth, including in its struggling grooming unit. Among other companies reporting results, American Airlines fell 2.5 percent, Texas Instruments dropped 2.2 percent and Union Pacific rose 1.5 percent. jmb/dg
schema:headline	US stocks drop on worries China virus will crimp growth
schema:mentions	Forbidden (band) O'Hare International Airport S&P 500 Index Psychology Procter & Gamble Dow Jones Industrial Average Patrick Star American Airlines Beijing Asia Wuhan City Virus United States China Coronavirus Texas Instruments Shanghaiing Pacific Plate 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	positive sentiment
http://data.cimple...readability_score	60 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

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