Stocks fell on Friday as even a good jobs number couldn’t overcome coronavirus fears.
Here’s what five experts are looking at now.
Ed Hyman, chairman of Evercore ISI, said despite worries about China slowing down, the momentum in the economy is there.
“I think the pullback is really still a worry about the virus and … our team has GDP growth at zero in the first quarter. We survey 21 companies in China and that survey dropped this week about 2 points to just 41. It was as high as 70 in years past. So, China is really slowing and that worries people for sure. But I think there is still a lot of momentum here and … there’s a lot of liquidity