Market Update – February 28, 2020

By now most investors are aware that through Thursday’s market close, the S&P 500 is down 10.75% for the week, this puts the broad index in negative territory for 2020. Most of the selloff is blamed on the increased risk of the coronavirus; so far more than 80,000 people have been infected in about 40 countries and it has killed more than 2,700 people.