All three major U.S. indexes were set for their steepest weekly pullback since the global financial crisis, as new infections reported around the world surpassed those in mainland China."Selling eased a bit as the benchmark S&P neared the 3,000 level as round numbers are seen as a support by technical traders," said Brian Battle, director of trading at Chicago-based Performance Trust Capital Partners.
REUTERS: Wall St on record correction pace as pandemic fears loom
February 27, 2020