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rdf:type	schema:NewsArticle
schema:articleBody	Wall Street stocks finished mostly lower Wednesday, stabilizing somewhat after a two-session rout amid growing worries over the economic impact of the coronavirus epidemic. It was a choppy trading session, with some sectors such as energy and tourism under heavy selling pressure, but the broader market had support from bargain hunting that lifted many shares into positive territory. The Dow Jones Industrial Average, which plunged nearly 2,000 points the last two days, ended with a relatively modest loss of 0.5 percent to 26,957.86, a drop of about 125 points. The broad-based S&P 500 shed 0.4 percent to 3,116.46, but the tech-rich Nasdaq Composite Index edged up 0.2 percent at 8,980.77. Major indices had regained more than one percent during the morning hours, but the rally petered out at midday. "There is still more concern than confidence," said Art Hogan, chief market strategist at National Holdings. China suffered fewer deaths in the last 24 hours than in any day in more than three weeks. But cases of the virus appeared in eight new countries, bringing the total to around 40. "We don't know what stage of this we're in and we don't know how much economic damage will be done," Hogan said. Travel stocks had another bad session, with United Airlines losing 5.7 percent, Expedia 7.1 percent and Marriott International 3.0 percent. Oil-linked companies ConocoPhillips and Halliburton slumped 5.0 percent and 3.3 percent, respectively. But some technology stocks gained, including Apple, which won 1.6 percent and Netflix, which surged 5.3 percent. Disney slumped 3.8 percent after announcing that longstanding Chief Executive Bob Iger was stepping down and would be replaced with Bob Chapek, a company veteran who has led the amusement park division. Some analysts expressed surprise at the timing of the announcement, as Iger's contract was supposed to continue through the end of 2021. TJX, the parent company of off-price retailer Marshall's, soared 7.3 percent after reporting a jump in fourth-quarter profits on a six percent gain on comparable sales. jmb/hs
schema:headline	Dow ends choppy session lower; Nasdaq gains
schema:mentions	S&P 500 Index Marriott International Dow Jones Industrial Average Bob Chapek United Airlines Hunting Amusement park Apple Inc. Netflix The Walt Disney Company Virus China Severe acute respiratory syndrome coronavirus 2 TJX Companies ConocoPhillips Bob Iger Halliburton Expedia Energy industry NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-02-26 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	56 (xsd:integer)

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