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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 tumbled early Monday, joining a global selloff amid rising fears over the widening coronavirus outbreak in China. About 30 minutes into trading, the Dow Jones Industrial Average had fallen 1.4 percent, or more than 400 points, to 28,584.81. The broad-based S&P 500 dropped 1.4 percent to 3,248.82, while the tech-rich Nasdaq Composite Index shed 1.8 percent to 9,147.69. The losses marked the start of a heavy week of economic news, with earnings reports from Apple, Boeing and Exxon Mobil and a Federal Reserve policy meeting. As of Monday, more than 2,700 people have been infected with the respiratory ailment across China, with several confirmed cases elsewhere in Asia, Europe and North America. The World Health Organization on Monday said the global risk from the deadly virus in China was "high" -- correcting an earlier statement labeling the risk as only "moderate." The decline on Wall Street came in parallel with deep losses in equity markets in Europe and Asia and a drop in prices for commodities tied to Chinese economic growth such as copper and oil. Analysts at Oxford Economics said the outbreak "poses a notable downside risk to our China growth forecast in Q1 and possibly Q2, depending on its severity." Losses on Wall Street were broad-based, with almost all 30 Dow members in the red. Multinationals with significant China operations were hard-hit, with Apple shedding 2.3 percent, Nike 2.7 percent and Starbucks 3.4 percent. Travel stocks also took a beating. United Airlines dropped 4.8 percent, Marriott International shed 3.2 percent and Wynn Resorts slumped 6.0 percent. Wynn operates two resorts in gambling center Macau, where there have been six confirmed coronavirus cases. jmb/hs
schema:headline	US stocks drop amid global rout on virus fears
schema:mentions	S&P 500 Index ExxonMobil Marriott International Stock Gambling Dow Jones Industrial Average Copper United Airlines North America MIM-3 Nike Ajax Federal Reserve Asia University of Oxford Apple Inc. Starbucks Europe World Health Organization Virus China Severe acute respiratory syndrome coronavirus 2 dbpedia:Wynn_Resorts Downside risk Macau NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-01-27 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	56 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

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