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rdf:type	schema:NewsArticle
schema:articleBody	Wall Street stocks finished solidly higher on Monday led by Tesla and other tech giants as investors started buying again following Friday's rout. The gains came on the heels of a better-than-expected report on manufacturing industry activity in January. But the coronavirus remained a source of market unease, especially in China, where the Shanghai stock market dropped almost eight percent in its first session since the Lunar New Year break. "All the concerns we have seen over the last two weeks are still front and center on the market's radar," said Adam Sarhan of 50 Park Investments. The Dow Jones Industrial Average gained 0.5 percent to 28,399.54. The broad-based S&P 500 advanced 0.7 percent to 3,248.90, while the tech-rich Nasdaq Composite Index jumped 1.3 percent to 9,273.40. Among individual companies, Tesla continued to rocket higher following a strong earnings report last week. Shares soared almost 20 percent and have more than tripled since October. Other technology shares with strong gains included Netflix, up 3.7 percent, and Google parent Alphabet, up 3.6 percent. Exxon Mobil dropped 2.3 percent as Goldman Sachs downgraded the oil giant on expectations that returns will lag the company's targets. Goldman also said Exxon has an "elevated" valuations compared with peers. Gilead Sciences surged 5.0 percent following reports a new antiviral drug being developed by the company will be tested in China to treat the coronavirus. This week's calendar includes January jobs data and updates on the services sector, as well as earnings from Merck and General Motors. jmb/cs
schema:headline	US stocks bounce back after rout
schema:mentions	S&P 500 Index ExxonMobil This Week (American TV program) Chinese New Year Dow Jones Industrial Average Goldman Sachs General Motors Antiviral drug Stock market Merck Group Radar Rocket Tesla Model 3 Netflix Google Adam China Severe acute respiratory syndrome coronavirus 2 Gilead Sciences NASDAQ Composite Shanghai Stock Exchange
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-02-03 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	58 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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