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rdf:type	schema:NewsArticle
schema:articleBody	Wall Street opened in a bad mood Tuesday, with major indices sinking as traders assessed worrying Covid-19 developments and third quarter earnings. About 30 minutes into the session, the benchmark Dow Jones Industrial Average had sunk 0.2 percent to 28,789.65, while the broad-based S&P 500 was also down 0.1 percent at 3,529.42. The tech-rich Nasdaq shot up 2.6 percent on Monday ahead of Apple's expected new iPhone launch, but was flat on Tuesday at 11,880.58. The shift in sentiment came as "investors look over some results out of the financial sector to unofficially kick off third quarter earnings season, as well as news that Johnson & Johnson has temporarily halted its COVID-19 vaccine study," Charles Schwab investment bank said. Vaccines are seen as key to restoring normalcy following the pandemic, and the disappointing news from Johnson & Johnson sent the pharmaceutical giant's stock down 1.6 percent. Apple's stock, which on Monday shot up 6.4 percent ahead of a much-anticipated event where the tech giant is expected to unveil its 5G-capable iPhone 12 line-up, was also down 1.1 percent. JPMorgan Chase fell 0.3 percent despite reporting higher third-quarter earnings behind strength in investment banking. cs/ft
schema:headline	US stocks sink at open amid earnings, Covid worries
schema:mentions	S&P 500 Index JPMorgan Chase Dow Jones Industrial Average Pharmaceutical industry Johnson & Johnson IPhone Apple Inc. Pandemic Coronavirus disease Vaccine Severe acute respiratory syndrome coronavirus 2 Coronavirus disease 2019 Charles Schwab Corporation Investment banking NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-10-13 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	62 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

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