Stock rout may deepen this week as virus impact starts to show in economic data

• Stocks might still be searching for its bottom next week when investors grapple with a slew of economic data potentially being dragged down by the coronavirus.
• “Look out for ISM surveys and Beige Book for early signs of COVID-19 impact,” said Michelle Meyer, Bank of America’s head of U.S. economics. “We are already seeing evidence in early economic indicators.”
• The Institute for Supply Management will release its manufacturing gauge on Monday. The Fed will publish its latest Beige Book Wednesday, which details anecdotal information on current economic conditions.

https://www.cnbc.com/2020/02/28/stock-rout-to-deepen-as-coronavirus-impact-starts-to-show-up-in-data.html