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Tony Romo and CBS have agreed to a record-breaking broadcast contract, the New York Posts Andrew Marchand reports.

The former Dallas Cowboys quarterback will remain as the networks No. 1 NFL analyst with a contract that pays him $17 million per season, easily the largest deal for a game analyst in sports. Marchand describes the deal as significantly more than five years.

It marks a significant raise over three-year, $10 million deal Romo reportedly signed as a rookie broadcaster in 2017.

By comparison, Romo averaged a little more than $9.1 per season over the course of his 14-year playing career in the NFL.

The deal puts an end to speculation that Romo would leave CBS for ESPNs Monday Night Football booth as the two networks were reportedly ready to engage in a bidding war for his services when his initial CBS deal expired in March.

According to Marchand, CBS extended the offer before ESPN had a chance to make a bid. The high demand paid off in a big way for Romo.

ESPN, meanwhile, will have to move on to Plan B.

Tony Romo will reportedly almost double the average salary he made as a player with his new CBS broadcast deal. (AP Photo/Michael Ainsworth, File)

Romo joined the broadcast booth alongside play-by-play man Jim Nantz after he retired from the Cowboys in 2016. He replaced Phil Simms, who shifted to the networks studio show.

Between his enthusiasm, relatability and penchant for calling plays before they happened, Romo became an immediate favorite among fans and critics.

Concerns that he jumped the line to join the networks No. 1 team with no experience were quickly quelled as his game analysis drew rave reviews.

According to Front Office Sports, Foxs Troy Aikman was previously the highest-paid current NFL analyst, making $7.5 million annually.

Jon Gruden made $6.5 million per year as a Monday Night Football analyst, while broadcast icon John Madden made $8 million per year in the early 1990s, per the report.

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The market has been reacting in roller-coaster fashion to the coronavirus outbreak. Since Feb. 20, the S&P 500 (^GSPC) plunged 13% into correction territory, went up around 5%, down 3% and then back up 4%, bringing the total drop from the pre-coronavirus worries to about 7% for now.

The for now is really key, because there isnt that much data in yet on whats going on economically. Every news network and pundit says a version of well see.

Economic data and company earnings lag far behind trading data, so while the markets sentiment is easy to track, it takes some time for information to trickle in letting policymakers and investors know what the deal really is.

According to Deutsche Banks chief economist Torsten Slk, theres already some data.

The first signs are already in the Chicago and ISM supplier delivery times, Slok wrote in an email. JPMorgan pointed out this week in a research note that the survey showed increased supply times due to virus-related issues.

There are a lot of key dates on calendars charting economic releases economists are watching.

This comes out every week on Thursdays, and the labor market seems to be weathering coronavirus for now, Reuters reported. Weekly jobless claims didnt go up they actually fell 3,000 to 216,000 (seasonally adjusted).

Slk said that this is a key indicator for any signs that the labor market is seeing layoffs from gig employers or elsewhere.

By tracking jobless claims, economy observers can see if the labor market is weakening or strengthening.

The next indicator is consumer sentiment on March 13 and 27. This is absolutely key for gauging how worried households are about the virus, said Slk.

Federal Reserve Chair Jerome Powell speaks during a news conference, Tuesday, March 3, 2020, to discuss an announcement from the Federal Open Market Committee, in Washington. (AP Photo/Jacquelyn Martin)

While sentiment is just how people feel via answering a survey, retail sales data shows hard data for consumer spending, Slk pointed out, which is important in understanding how late February and Marchs sales have been hit by coronavirus fears. While some products might see less activity, theres been a run on outbreak-readiness products.

The industrial production number, compiled by the Federal Reserve, is a metric that shows how much manufacturing, mining, and utilities are producing compared to their sustainable maximum output.

This will show economists and investors how the manufacturing industry has been dealing with the shock and to what extent supply chains have been impacted, Slk said.

This survey essentially asks people three questions: how their own financial situation is, how they view the economy short-term, and how they view the economy long-term.

These answers provide more information about how consumers are feeling about whatevers happening. Wall Street values this data because consumer spending is a critical factor in gauging the health of the economy.

The Institute for Supply Management index gives another snapshot of supplier delivery times and more letting investors and economists know how much disruption there has been.

A comprehensive snapshot of the labor market during early Marchs market drop and whatever we will see in the rest of the month.

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Ethan Wolff-Mannis a writer at Yahoo Finance focusing on consumer issues, personal finance, retail, airlines, and more. Follow him on Twitter@ewolffmann.

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9 key dates when we'll have economic data on coronavirus effects - Yahoo Finance

LAS VEGAS One of the reasons that Dana White is by far the best combat sports promoter in the world is the many new and unique ways he uses his own celebrity to draw interest in UFC fight cards. Hes recently begun livestreaming with celebrities on his Instagram page, which has in excess of 4.3 million followers.

He planned to do a livestream with actor Mark Wahlberg on Tuesday at 9:15 p.m. ET, and will do one with Raiders running back Josh Jacobs on Friday at 4 p.m. ET.

The one that may draw the most interest, though, is the one on Wednesday at 3 p.m. ET with NFL quarterback Tom Brady. During a scrum with reporters at the UFC Apex facility on Tuesday to discuss Saturdays card at T-Mobile Arena, White was asked if he would lobby Brady to leave the New England Patriots and sign as a free agent with the Las Vegas Raiders.

The Raiders will begin play in Las Vegas in a $2 billion stadium on the south end of Las Vegas Blvd., and an idea that has been gaining traction in the city has been for the team to sign Brady and make him its starting quarterback.

Bryan Salmond, the sports anchor at KSNV Channel 3 in Las Vegas, asked White if hed ask Brady if hed sign with the Raiders during the livestream. White is a Patriots fan, so his dream scenario would be for Brady to return to New England and quarterback the Patriots.

But hes bought a suite next to ex-partner Lorenzo Fertitta at the new Allegiant Stadium and is now a Raiders season ticket holder, so it wouldnt be all bad if Brady donned the Silver & Black.

Sure, Ill ask him, White said. Trust me, Ive been terrorizing Brady. If you ever want to rob a bank, do it with Brady. This guy doesnt say [anything] to anybody. I know Ive been trying to get him. Wahlberg. Matt Damon and Ben Affleck have been terrorizing him. Everybody from Boston has been terrorizing this guy and he hasnt been saying anything. Obviously, if he doesnt sign with Boston, which is where I would like him to be, hopefully he comes to Vegas.

White was in a light-hearted mood on Tuesday. He said hes most excited about Saturdays co-main event between flyweight champion Zhang Weili and former champion Joanna Jedrzejczyk.

But he quickly downplayed any notion that he might consider taking a fight himself. For some reason, a reporter noted Whites physical size and asked if there was any way he would get into the Octagon and take a fight himself. In 2006, he agreed to box Tito Ortiz, a former UFC champion he once managed whom he had been feuding with for years.

While White maintains he would have beaten Ortiz in a boxing match, he made it clear hell never agree to such a stunt again in the future.

Oh, hell no, White said when the reporter asked him if hed ever get into the Octagon to fight. I battle to get on a treadmill every day. Believe me, the days of me doing that are over, long gone. Wait till you hit 50. Come back and tell me what you think about fighting when you hit 50.

The same reporter then asked White about a report that Yoel Romero, who challenges Israel Adesanya for the middleweight title in the main event, planned to slam him in the event if he won.

White hadnt heard about it and said he hoped Romero wouldnt do it.

I dont like that, White said, laughing, when asked for his response. I didnt hear that until just now. He wants to slam me? Yeah. Um, no. I guess if he wanted to [expletive] slam me, Im getting slammed. I dont think Id be able to defend that, but lets hope that doesnt happen.

UFC president Dana White (L) will go live on Instagram with actor Mark Wahlberg Tuesday at 9:15 p.m. ET to talk about UFC 248. (Photo by Allen Berezovsky/Getty Images)

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Our weekly look at four topics players, issues, numbers, trends that are impacting and, in some cases, changing the game.

How much is too much?

Unless were talking Girl Scout cookies, Al Pacino movies or Stevie Wonder albums, everything has a saturation limit, or at least it should.

Is scoring in the NBA reaching that point?

For a league that was desperate to see scoring reach the 100s when games were slow marches to 90, the rules were opened up to increase scoring, limit overly physical play and display the athletes at their best.

That has had the desired effect almost too well.

(Yahoo Sports illustration)

Every team is averaging well over 100 points per game (league average 111.4), with the Charlotte Hornets bringing up the rear at a measly 102 per night the same production as the Miami Heat back in 2010-11.

Yes, thats the first year of the LeBron James, Dwyane Wade and Chris Bosh partnership.

The game were watching nightly is so drastically different from the contests we saw even five years ago.

Remember that Stephen Curry bomb on Feb. 27, 2016, against the Oklahoma City Thunder in one of the greatest regular-season games of the decade? The 40-ish footer from barely a step inside of half-court that caught everyone off-guard, especially Anthony Roberson?

Well, LeBron James has hit shots from that zip code twice in the last week. The first was the not yet, kid triple Sunday that quieted the frenzied New Orleans crowd after Zion Williamson brought the house down with a dynamite dunk on a nationally televised game.

The second was a calm, walk-up triple Tuesday from the Los Angeles Lakers logo a couple nights ago.

The skill levels of the incumbent players as well as the young stars entering the league have been aided by the rules being so loose.

According to basketball-reference.com creator Justin Kubatko, February was the second month in league history in which six players Bradley Beal, Russell Westbrook, James Harden, Trae Young, Jayson Tatum and Damian Lillard averaged 30 points or more.

The first month that occurred?

January 2020, with Kawhi Leonard and Devin Booker joining Lillard, Westbrook, Young and Beal.

Notice the names that havent been mentioned? Luminaries like James, Curry, Kevin Durant and Giannis Antetokounmpo. Curry has been out most of the year, but he could wind up on that list next year, and with Durant recovering from an Achilles injury, he could return to elite status next season.

For all we know, we could be in the most golden of golden eras of scoring, with talent like Zion Williamson and Luka Doncic ready to do more damage as time goes on.

But if these explosions are so commonplace, does it diminish how special it feels, especially with defenses not having much of a chance to earn the benefit of the doubt?

Whether its the gather and two steps rule or no more hand-checking or mere evolution, it feels like were in a juiced-ball era that would make the slow-down coaches of the 90s cringe.

This isnt opining to go back there, not by a long shot.

But maybe, just maybe, we can play some games on All-Madden once in a while?

OK, old man no longer yelling at cloud.

Speaking of scoring in bunches, Brooklyns Caris LeVert claimed best performance of the week with his 51-point showing (the 20th time a player has dropped 50 this year) against the Celtics on Tuesday night, with 37 coming in the fourth quarter and overtime in a comeback win.

Hes an intriguing piece for the future as the Nets will have Kevin Durant and Kyrie Irving presumably back in the fold next season. He can play both swing positions and his three-year, $52 million extension kicks in next season as the Nets expect to contend.

Hes had freakish injuries in college at Michigan and with the Nets the scariest one last year when he injured his foot on an awkward fall in Minnesota that many feared could cost him his potential. He missed eight weeks this season following surgery on his right thumb, but made the turn following the All-Star break, averaging 21 before the 51-point explosion.

Story continues

Health is a big part of that, LeVert, 25, told Yahoo Sports. Confidence and mental approach has been the same throughout but injuries are a big thing. Most of the time, theyre unpredictable. Its tough coming back from those, for sure. From the outside looking in, it doesnt look that way. Its like, you had a finger injury, you should be back to yourself within a week.

Its not always like that. Minute restrictions, different role. Getting that stuff behind me, thats big for sure.

Especially with Irvings injuries being more frequent and the star guard having a third season-ending injury, getting the supporting pieces right could be the difference in their franchise being a true contender or being a tier below it.

Identifying the right role for LeVert could be priority No. 1. Is he a second option or a third one? Assuming his health, the rest of the season could be an audition for LeVert to establish his value on this team or around the league.

I dont look at it like that, LeVert told Yahoo Sports. We have 21 games left. So for me, thats 21 opportunities to get better. Everyone wants to be that guy. Nobodys coming in here this year. Ky just had surgery. Kevins probably not coming back this year. So its just fun. Living in the moment, trying to win games.

LeVert calls Durant a big brother-like figure, someone whose voice resonates because he speaks up so rarely. And if nothing else, the two can bond over shared experiences of the dreadful days of rehab.

But LeVerts a curious piece moving forward, and should the Nets want fewer ball-handlers around Durant and Irving, plenty of teams will line up to take a player who hasnt yet reached his potential.

Im still trying to figure it out, LeVert told Yahoo Sports. I dont put limits on myself. Its exciting to go out there and try to reach what that is. [Tuesday] was a huge milestone for my confidence, but I dont put limits on it. I dont feel like thats the last time Ill do that. Its more opportunity for me to do that and more.

The NBA isnt in panic mode over the coronavirus yet.

Across the world, other leagues are taking precautions, even having games without fans.

Thats not where the NBA is, and it isnt known how bad things would have to get domestically for it to take that road.

The league postponed the inaugural Basketball Africa League on Tuesday after escalating concerns and sent out memos to teams about how players should physically interact with others, regarding high-fives, autograph signings with fans and jersey exchanges.

One owner who spoke with Yahoo Sports called the daily memos more informational than directional, with the NBA taking the lead from the Centers for Disease Control and Prevention and making suggestions on keeping arenas as sanitized as possible, with more hand-washing stations around concourses and concession stands.

There isnt a sense anything drastic will happen, but the NBA is closely monitoring the situation.

This will be short and sweet.

Welcome back, Stephen Curry.

While it would've been understandable if Curry chose to sit the rest of the season because of his left hand injury saving his body after five long playoff runs and giving the Golden State Warriors the best odds at a top pick in this summer's draft he's returning to play out the season, beginning Thursday night at home against the Raptors.

Dont forget: There are fans who've paid top dollar to fill that new arena across the Bay Bridge, too.

As far as NBA ambassadors with accomplishments and equity with the fans, there's LeBron James and Curry and Curry is building up even more currency by playing the rest of the year.

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Is there too much scoring in the NBA? - Yahoo Sports

The House of Representatives passed a bill for allotment of funds in an emergency pool earlier this week, which is to be used to counter the damaging effects of the coronavirus outbreak is expected to have on the domestic economy.

Let us analyze which stocks are expected to benefit from this emergency stash.

House Allocates $8 Billion to Emergency Funds

On Mar 4, the House passeda legislation that allocates more than $8 billion to emergency funds to battle against the spread of coronavirus. The bill won by a voting ratio of 415-2. Republican lawmakers Ken Buck of Colorado and Andy Biggs of Arizona were the only members who voted unfavorably.

The emergency funds aim to provide more than $3 billion for vaccine research and $2.2 billion for efforts in prevention and preparedness. Medical tests and vaccine research to combat the pandemic are urgent tasks right now, which many biotechnology firms in the country are working on actively.

Companies, such as Moderna, Inc. MRNA, Inovio Pharmaceuticals, Inc. INO and Vir Biotechnology, Inc. VIR are currently in the process of developing the much-needed vaccines.

The congressional spending proposal is considerably higher than the $2.5 billion that the White House had proposed in late February. The bill also authorizes about $500 million to allow Medicare providers to offer telehealth services, which would benefit elderly patients to receive care in the comforts of their homes.

The bill is now headed to the Senate for approval. Should it be passed effectively, it will then make its way to President Donald Trumps desk, who is expected to give a green signal. Trump had earlier indicated at a news conference that he would spend whatever is appropriate to fight the COVID-19 outbreak.

After all, death toll in the United States climbed to 11 and minimum 138 are infected. Of the 11, 10 deaths were confirmed from Washington while one was registered in California. Globally, the pandemic claimed more than 3,100 lives.

3 Stocks in Focus

We have, therefore, handpicked three vital stocks that are actively developing vaccines to address the novel coronavirus. One may take a closer look at these.

Modernais a clinical stage biotechnology company. Last week, the company saidthat its first batch of vaccine against the COVID-19 disease, called mRNA-1273, was ready for the government to test on humans.

The Zacks Consensus Estimate for Modernas current-year earnings has moved 5% north in the past 60 days. Shares of this company, which belongs to the Zacks Medical - Biomedical and Geneticsindustry, have risen 40.5% against the industrys decline of 2.6% on a year-to-date basis. (Read more)

Moderna carries a Zacks Rank #2 (Buy). You can seethe complete list of todays Zacks #1 Rank (Strong Buy) stocks here.

Inovio Pharmaceuticalson Mar 4 announcedan accelerated timeline to develop its DNA vaccine INO-4800 to battle COVID-19. Inovio's President & CEO Dr. J. Joseph Kim mentioned this accelerated timeline at the U.S. Coronavirus Task Force meeting at the White House on Mar 2.

Inovio Pharmaceuticals carries a Zacks Rank #3. Shares of this company, which belongs to the Zacks Medical - Biomedical and Geneticsindustry, have risen 143.2% against the industrys decline of 2.6% on a year-to-date basis.

Story continues

Vir Biotechnologyis a clinical-stage immunology company. The firm, along with Alnylam Pharmaceuticals, Inc. ALNY, announcedon Mar 4 that the two companies would expand their continuing collaboration to make an attempt to develop RNA interference treatments for SARS-CoV-2.

Vir Biotechnology carries a Zacks Rank #3. Shares of this company, which belongs to the Zacks Medical - Biomedical and Geneticsindustry, have risen 257% against the industrys decline of 2.7% on a year-to-date basis.

Free: Zacks Single Best Stock Set to Double

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This pioneering tech ticker had soared to all-time highs and then subsided to a price that is irresistible. Now a pending acquisition could super-charge the companys drive past competitors in the development of true Artificial Intelligence. The earlier you get in to this stock, the greater your potential gain.

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House Okays $8 Billion Funds to Combat COVID-19: 3 Winners - Yahoo Finance

Last week, just after candidates for the Democratic Party presidential nomination gathered to debate in downtown Charleston, S.C., a rising star of the Republican Party was also talking about the future. We have a lot left to do, Nikki Haley, former governor of South Carolina and U.S. ambassador to the United Nations, said at the first annual Women for Women Summit organized by the College of Charleston School of Business.

Haley, who spoke after receiving the Woman of Courage Award, didnt announce she will run for president on the Republican ticket in 2024. But she has been mentioned as a potential running mate to Donald Trump this year or a candidate for the presidency herself in 2024and there was little doubt that possibility was on the minds of those present. Shes definitely going to run, said a fellow speaker at the event, not for attribution. I dont think theres any question about it: This year is Trumps, but shes laying the groundwork for the race after that.

President Donald Trump disembarks Air Force One in Ronkonkoma, N.Y. with Nikki Haley. Photo by Michael Candelori / Shutterstock

Lining up to get her picture taken with Haley before her speech, a business school student effused, Im a Democrat, but Id definitely vote for her. Shes a woman who doesnt let herself get pushed around.

Haley has an advocacy group, Stand for America, which promotes that image. Merchandise baring the quotes I will not shut up and With all due respect, I dont get confusedrefer to comments she made during her time with the Trump administration. Haley, who was a member of Trumps cabinet and the National Security Council until she left her UN post in October 2018, made the first comment to Palestinian negotiator Saeb Erekat at the UN after the administration decided to move the U.S. embassy in Israel to Jerusalem. The second comment was directed at Trump economic advisor Larry Kudlow after he told reporters that Haley had gotten ahead of the curve and suffered momentary confusion in previewing policy around sanctions against Russia.

Her ability to stand apart from but also voice support for Donald Trump is what has made her an intriguing figure in Republican politics. A memoir, With All Due Respect: Defending America With Grit and Grace, released in November 2019, continued her tightrope walk. In it, Haley criticized former secretary of state Rex Tillerson and former White House chief of staff John Kelly, much to Trumps delight.

At the Women for Women Summit, Haley talked about her war stories, including the Kudlow incident, and urged her audience to be true to themselves. Haleys truth is still unclear, but its likely well see her in politics again, soon. As she said at the end of a short film that played before her talk, Im too young to stop fighting.

Haley declined an interview with Worth.

The post Nikki Haley Is Planning Her FutureAnd It May Include a Presidential Run appeared first on Worth.

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Nikki Haley Is Planning Her FutureAnd It May Include a Presidential Run - Yahoo News

The Houston Astros know what kind of reception theyll get on the road in 2020. Opposing fans have made that clear, relentlessly booing the team during spring training. While the Astros will have to take their lumps on the road, at least theyll get a reprieve from that criticism when they play at home. Theres no way the teams fans would turn on the Astros, right?

[Batter up: Join or create a Yahoo Fantasy Baseball league for free today]

Well ... that might not be true. Sure, some Astros fans are willing to continue supporting the club, but others feel betrayed as a result of the teams cheating. One brave fan even confronted the team during a spring training game:

That fan was able to get right next to the dugout to heckle the Astros. He asked the team if they are keeping the trophy. He then asked about Jose Altuves MVP award and the World Series rings.

Most players ignored the fan, and didnt even look in his direction. However, one member of the Astros decided to respond to the fans jeers. Someone in the Astros dugout told the fan, As long as you keep paying to come see us. The person who says that briefly appears in the lower left-hand corner of the video.

Thats a pretty terrible answer, but the fan handled it well. He responded to the Astros by saying, Ill come and do this.

The entire exchange perfectly summarizes why people are frustrated with the Astros heading into 2020. Its not just that the team cheated and suffered virtually no consequences, its the entire organizations lack of remorse. Fans wanted more contrite apologies and some humility from team owner Jim Crane. Instead, they got players indignantly claiming they are going to shut people up and telling fans the team just wants their money.

While frustrated fans may find the above video cathartic, that type of heckling isnt going to carry over into the regular season. When the Astros are at Minute Maid Park, the team will have more control over the situation, and a larger security force to send after fans.

It might be a different story when the team leaves Houston. As long as its respectful, fans will have more leeway to pull off stunts like this when the Astros go on the road in 2020.

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Stephen Curry is officially back.

The Golden State Warriors star will make his return on Thursday at home against the Toronto Raptors, the team announced Wednesday.

News of Currys return was first reported by The Athletics Anthony Slater. It is not known if Curry will be on any kind of minutes limit.

What is known is that the sharpshooter is amped for his return.

The Warriors have been without Curry since he broke his non-shooting hand in the teams fourth game of the season. He had previously been on track for a return at some point in March.

Currys first game back will feature a tough opponent in the 43-18 Raptors, a team that ranks second in the league in defensive rating. Of course, the Warriors arent exactly in a position where they need wins right now.

In Currys absence, the Warriors have completely floundered.

The team is 13-35 in games without its superstar and currently holds the worst record in the NBA. Currys backcourt partner Klay Thompson has already been ruled out for the season, and this summers offseason prize DAngelo Russell has been traded to the Minnesota Timberwolves for draft picks and reclamation project Andrew Wiggins.

Even with Curry back, the team is clearly coming nowhere near playoff contention. The goal with Currys return is likely less to mount a comeback in the final 20 games of the season and more getting him and his teammates up to speed for next year.

The Warriors currently have a four-game lead in the loss column for the top spot in the NBA draft lottery, and a quirk of the lottery odds is that their position will be the same as long as they stay in the bottom three. That gives them at least a few games for Curry to potentially show the team is still to be feared when next seasons comeback tour rolls around.

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Stephen Curry returning to Warriors on Thursday vs. Raptors - Yahoo Sports

Proceed with caution, value-seeking investors. The hammer job done on stocks at the hands of the spreading coronavirus may just be getting started if history and common sense are any guides.

SunTrust chief markets strategist Keith Lerner thinks there is another 5% to 7% of downside possible for the S&P 500. His call is supported by two factors.

The first is a heavy dose of market history. Lerner notes that since the current bull market began in March 2009 (S&P 500 up 400% since then) there have been 19 pullbacks of at least 5%. Every pullback came with uncertainty and bad news, Lerner says, pointing to several virus-related outbreaks such as the Swine flu in 2009, the Ebola scare in 2014 and Zika in 2016. These corrective periods have lasted an average of 47 days and have seen an average pullback of 9.4%.

The current correction spurred by fears of the coronavirus morphing into a global pandemic where $2.5 trillion has been wiped off the value of U.S. stocks since last Wednesdays high per S&P data is approaching the average bull market percentage pullback. But the losses have come in only four days and there remains significant uncertainty as to how bad Corporate Americas profits will be hit.

Trust me, I talk to loads of top executives off the record they are saying its hard to even estimate the impact not only in the first quarter, but into the summer. But you could hear the concern in their voices.

That uncertainty and financial risk has to get priced into stocks. It likely will as infection and death tolls from coronavirus stand to rise globally in the weeks ahead.

It hasn't been all easy money during the latest bull market.

Several sources on the Street have also told me the extreme selling this week which has approached 2,000 points on the Dow Jones Industrial Average in two days has been fueled mostly by hedge fund selling. These are the algo driven hedgies that have plowed into bull market momentum names such as Advanced Micro Devices, Amazon, Netflix, you name it. The next shoe to drop in markets could be institutions lightening the load on equities both growth and value amid a material reassessment of the coronavirus-related risk factors.

Up to this point, said long-term minded institutions have stayed upbeat on the markets on the view the coronavirus impact would be isolated to the first quarter. Perhaps some negatives in the second quarter, but by the back half of the year it would be in the rearview mirror. Definitely no 2020 impact, in their view.

Wed also highlight that although sentiment has become less bullish, it has not fallen very much at all, says Miller Tabak strategist Matt Maley. For instance, the Investors Intelligence data showed that bullishness had only fallen from 54.7% to 49.1% and the spread between bulls & bears was still at 29.9%.Therefore were a long way from seeing this reading move to a bearish pluralitywhich would be a much more bullish sign for the intermediate/long-term prospects for the stock market.

A folly view by institutions, as they are beginning to realize.

The upside right now? The nearly 11-year bull market in stocks is unlikely dead.

Even though this pullback has been fierce, its not necessarily unusual following the sharp gains we had seen or in the context of this bull market, says Lerner. Such pullbacks, while always uncomfortable, are the admission price to the stock market and participating in the potential for higher returns over time.

Brian Sozzi is an editor-at-large and co-anchor of The First Trade at Yahoo Finance. Watch The First Trade each day here at 9:00 a.m. ET or on Verizon FIOS channel 604. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn.

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Coronavirus has ravaged the stock market and the extreme selling may just be starting - Yahoo Finance

Singer Duffy revealed that she had been raped, drugged and held captive in a Tuesday Instagram post.

You can only imagine the amount of times I thought about writing this, the 35-year-old Welsh singer, whose real name is Aimee Duffy, wrote. The way I would write it, how I would feel thereafter. Well, not entirely sure why now is the right time, and what it is that feels exciting and liberating for me to talk. I cannot explain it. Many of you wonder what happened to me, where did I disappear to and why.

In 2011, several years after her hit single Mercy from the album Rockferry, the singer essentially fell off public radar. A journalist contacted me, he found a way to reach me and I told him everything this past summer. He was kind and it felt so amazing to finally speak, she explained. The truth is, and please trust me I am ok and safe now, I was raped and drugged and held captive over some days.

The Grammy-award winner continued, Of course I survived. The recovery took time. Theres no light way to say it. But I can tell you in the last decade, the thousands and thousands of days I committed to wanting to feel the sunshine in my heart again, the sun does now shine.

She also addressed unspoken questions from fans: You wonder why I did not choose to use my voice to express my pain? she said. I did not want to show the world the sadness in my eyes. I asked myself, how can I sing from the heart if it is broken? And slowly it unbroke.

Duffy promised to share more information in a spoken interview, adding, I have a sacred love and sincere appreciation for your kindness over the years. You have been friends. I want to thank you for that. She also asked that fans respect the privacy of her family and to support me to make this a positive experience.

There is not an abundance of recent information on Duffy, who, after her follow-up album Endlessly, recorded three songs for the 2015 film Legend. In December, she posted a Facebook photo with the mysterious caption 2020, prompting fans to beg, Please come back and to interpret it as a sign of an upcoming album.

On Tuesday, fans retreated to that Facebook post, writing, You are a strong woman Duffy and You were quite right to take as long as you needed, the most important thing is your wellbeing and health which should always come first.

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Singer Duffy reveals she was 'raped, drugged and held captive' in Instagram post - Yahoo Entertainment