Scope of Sentiment Analysis on News Articles Regarding Stock Market and GDP in Struggling Economic Condition
Sandipan Biswas · International Journal of Emerging Trends in Engineering Research · 2020
The present paper studies the scope of sentiment analysis on news articles on impact of economic downfall of the primary international stock markets, comparing it with that of previous terrorist attacks or epidemic (9/11, Covid-19).For properly embedding our investigation in the theoretical outline, first we present an overview of existing studies focusing on the consequence of terrorism on economic markets.The practical part is mainly in terms of measuring whether the return of the New York Stock Market's main index due to the attacks vary statistically regarding the deviations of the four months before and after the attack.We study the internet data, contrasting the direct impact of news spread through news media affected the index of the New York stock market comparing with gold and crude oil price.The result analysis discusses interpretative hypotheses involving a behavior evolution of the stock markets as a result of the terrorist attacks or epidemic which find out the scope of more future works with sentiment analysis on news data in stock market.