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Stocks fall sharply as trade concerns dominate

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US
0945 ET Final-Mar Markit manufacturing PMI expected unrevised at 55.7, prelim-Mar +0.4 to 55.7.

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Thu US 0830 ET Weekly initial unemployment claims expected -2,000 to 245,000, previous -3,000 to 247,000.

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  • U.S. LEI expected to continue chugging along at a solid pace
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  • Former Fed official Kocherlakota raises possibility that FOMC had a recent video conference to decide on a rate hike
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  • Weekly market focus
  • Yellen effectively pre-announces a rate hike for next week
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