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rdf:type	schema:NewsArticle
schema:articleBody	Wall Street stocks jumped Tuesday, gaining for a second straight session as fears eased over an economic hit from the coronavirus outbreak in China. Major US indices rose more than one percent, with analysts citing economic stimulus measures by the People's Bank of China for cushioning the blow in that country, as well as the extremely limited spread of the ailment so far in the United States. Despite more cases, the rise "was not enough to cause panic on Wall Street, or to increase the fear that China and other countries won't be able to get it under control," said Tom Cahill, portfolio strategist at Ventura Wealth Management The Dow Jones Industrial Average gained 1.4 percent to finish the session at 28,807.63. The broad-based S&P 500 advanced 1.5 percent closing at 3,297.59, while the tech-rich Nasdaq Composite Index surged 2.1 percent to 9,467.97. The gains Tuesday added to the February recovery following Friday's rout on rising fears that the virus outbreak would derail global growth, even as officials have confirmed that growth will take a hit at least in the first quarter. The companies seeing a rebound included travel-oriented stocks that tumbled last week, including United Airlines, which surged 5.3 percent and Marriott International, which advanced 4.2 percent. Still, World Bank President David Malpass said the international organization plans to revise its global growth forecast downwards due to the outbreak, on an expected slowdown in China and the likely hit to global supply chains that depend on the country. Meanwhile, Tesla surged 13.7 percent, adding to a nearly 20 percent rise Monday as it continued to reach new records following a run of strong results. Most other leading technology companies also advanced, including Apple, Amazon and Netflix, all of which won at least two percent. An exception was Google-parent Alphabet, which slid 2.6 percent after reporting fourth-quarter sales that missed expectations despite stellar growth at YouTube and in their cloud-oriented businesses. jmb/hs
schema:headline	Tesla continues surge as US stocks gain
schema:mentions	S&P 500 Index Wind power by country Marriott International Slid (Fluke song) 2020 coronavirus outbreak in Italy Dow Jones Industrial Average United Airlines Prime Video Ebola virus disease World Bank Tesla Model 3 YouTube Apple Inc. Netflix Jesse Ventura United States China President of the United States David Malpass NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-02-04 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	70 (xsd:integer)

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