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Stock impact report

Investors look to China data, U.S. infection spread after punishing week [Yahoo! Finance News]

Ameriprise Financial, Inc. (AMP) 
Last ameriprise financial, inc. earnings: 1/29 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.ameriprise.com
By David Randall, Lewis Krauskopf and April Joyner NEW YORK, Feb 28 Reuters) - The worst weekly selloff since the financial crisis plunged U.S. equities into correction territory and knocked trillions off their market capitalization. Investors are now struggling to discern what Monday will bring. Many believe the next few days will reveal critical information on whether the outbreak is accelerating in the United States, the degree to which the government is prepared to deal with an epidemic, and the economic damage it has already wrought on other countries. "Right now the market is saying that this is unbounded. We don't know what the limits are and we don't know where it's going to peak," said Graham Tanaka, chief investment officer at New York-based Tanaka Capital. One key insight comes Friday night U.S. time, when China is due to release its Purchasing Managers' Index, a widely-watched measure of economic activity. The February data will provide the first real look at how a period Show less Read more
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