Week ahead: more market turmoil or Fed to the rescue?

With U.S. stocks coming off of their biggest one-month plunge since the financial crisis and U.S. government bond-yields falling to never-before-seen lows, investors in the coming week are waiting to see how much more pain will there be for the markets and if that sparks the Federal Reserve to make a surprise inter-meeting rate cut.

There is a Wall Street debate raging about what impact a rate cut would have, since the cause of the sell-off and this economic uncertainty is something the Fed can't control - the coronavirus outbreak. That said, investors will be closely listening to various Fed officials who speak next week ahead of their scheduled meeting on March 17th and 18th.

Economic data will take center stage as investors start to get numbers for February. And of course Wall Street is looking for any sign of weakness due to the coronavirus outbreak. The most important number comes Friday when the Labor Department gives an update on hiring and unemployment. Ahead of that, we get key readings from the factory and service sectors.

Corporate names to watch next week include: Target. America's second-largest discount retailer reports holiday-quarter results.

And Zoom. Shares of the the video conferencing company are trading close to record highs since their April IPO. Investors bet demand for its products will go up with the coronavirus outbreak prompting companies to cancel events and meetings and move them online. Zoom provides a financial update on Thursday.