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rdf:type	schema:NewsArticle
schema:articleBody	Tokyo stocks closed lower Monday on worries over the spread of the new coronavirus in the country and the economy's worst quarterly contraction in more than five years. The benchmark Nikkei 225 index slipped 0.69 percent, or 164.35 points, to end at 23,523.24, while the broader Topix index was down 0.89 percent, or 15.10 points, to 1,687.77. "US shares on Friday were mixed while the number of people infected with the new virus increased and the latest quarterly GDP was lower than expected," Okasan Online Securities said in a commentary. On Wall Street before the weekend, the benchmark Dow Jones Industrial Average closed down 0.1 percent but the tech-rich Nasdaq climbed 0.2 percent and the broad-based S&P 500 rose 0.2 percent. Compared with the US, "Japan is closer geographically and economically to China, and that's causing concerns about the negative impact of the new virus on the economy and corporate performance," said Masayuki Kubota, chief strategist at Rakuten Securities. Dozens in Japan have so far been diagnosed with the virus, with Health Minister Katsunobu Kato warning on Sunday that the nation was "entering a new phase" of the outbreak. Those concerns were exacerbated by the Japanese economy's poor performance in the three months to December. Gross domestic product shrank 1.6 percent from the previous quarter, much worse than the one-percent contraction economists had expected, according to data released by the Cabinet Office. The dollar fetched 109.83 yen in early Asian trade, against 109.74 yen in New York on Friday. In Tokyo trading, sports shoe maker Asics lost 3.51 percent to 1,371 yen following reports that the amateur section of the Tokyo Marathon, scheduled for March 1, would be cancelled because of virus fears. Some major exporters were lower, with Sony dropping 2.23 percent to 7,452 yen and electronic parts maker Murata Manufacturing 2.31 percent to 6,330 yen. kh-nf/sah/qan
schema:headline	Tokyo stocks close lower as virus worries linger
schema:mentions	Cabinet Office S&P 500 Index Dow Jones Industrial Average Sony Asia Ebola virus disease United States dollar Gross domestic product Japan New York City China Severe acute respiratory syndrome coronavirus 2 Asics Kubota Sanada Masayuki Horseshoe Tokyo Marathon Murata Manufacturing Rakuten Katsunobu Katō NASDAQ Composite Japanese yen Nikkei 225 Tokyo Stock Exchange
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-02-17 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	55 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

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