Economic indicators

Consumer sentiment fell in March, with the final reading 89.1, its lowest since October 2016, down from 95.9 in the preliminary read.

Initial jobless claims surged, as expected, hitting an all-time high of a seasonally adjusted 3.283 million in the week ended March 21, as the impacts of the coronavirus-driven closures showed in the numbers, the Labor Department said. The previous high for claims was 695,000 in October 1982.

New home sales were up 14.3% from a year ago, despite a 4.4% decline in February to a seasonally adjusted annual rate of 765,000, the Commerce Department reported Tuesday.

As the Federal Reserve continues trying to keep markets liquid as the stock market sinks, economic data are showing the effects of COVID-19.

With a significant decline in new infections in China, positive news may be ahead, one expert says.

The Federal Reserve continued its moves to minimize the effects of COVID-19 on the U.S. economy.

Consumer worries over the virus' spread dampened enthusiasm early this month.

The PPI fell 0.6% in February, the biggest decline in over five years. The core rate fell 0.3%

The consumer price index rose 0.1% last month, but moist recent data has been collected pre-virus spread.

Strong data and reassuring words from a Fed official couldn’t stop market virus fears from spreading.