The U.S. stock market on Monday experienced the worst day since the "Black Monday" in 1987. Stock indices fell by 12-13% during the day, even though the government and the regulator did their best to support the economy amid the spread of coronavirus.  Also, the reason for the minimum session was the statement of the President of the United States of America about the possibility of a recession in the country.

On March 15, Fedreserve lowered the interest rate by a whole point to stimulate the states' economy.  In the absence of a crisis, that decision would have stopped any market decline, but not now. To date, when the effectiveness of monetary stimulus is limited and the negative news background has been added by a reduction in industrial production in China, Schengen closure and curfew in New York.

Forbes estimates and reports that the collapse in the United States markets cost the world's twenty richest billionaires $68 billion. Among the victims were: Facebook CEO Mark Zuckerberg, former Microsoft CEO Steve Ballmer and founder of Oracle Larry Alison.

On Tuesday, investors will focus on the following news:

1. Comments from FedEx. With profit reports in the background and traders paying attention to macroeconomic topics, the FedEx report will be in the spotlight. A large logistics company has an opportunity to allow the market to analyze how the pandemic affects the global economy. The quarterly profit of FedEx, according to analysts, will be $1.53 per share at a profit of about $ 16.9 billion. Investors' attention will also be focused on transport and airlines, as there are hopes that the government apparatus will provide these companies with a package of rescue measures, based on the words of President Trump of the United States, that he is careful about this issue. This industry will need about $50 billion.

2. Retail Sales. Retail Sales figures are expected today. The U.S. Department of Commerce will report at 1.30 pm GMT. Analysts believe that Retail Sales increased by 0.2% in February and will increase by 0.3% in March. Industrial production and consumption data for February is expected to be released at 14.15 GMT. Analysts expect industrial production to grow by 0.4% and consumption to increase by 77.1%.