Stock futures edge up after recession fears triggered a market sell-off: Live updates
Banking And Finance,Stock Market,Recession
Stock futures edged higher Tuesday after concerns that a recession would hit the U.S. economy sparked a broad sell-off on Monday.
Futures tied to the Dow Jones Industrial Average were last up 65 points, or 0.2%. S&P 500 futures advanced 0.3%, as did Nasdaq-100 futures.
Stocks sank during Monday’s session, extending losses after the S&P 500 posted three consecutive negative weeks. The Nasdaq Composite saw its worst day since September 2022. Meanwhile, the 30-stock Dow, which lost nearly 900 points, closed below its 200-day moving average for the first time since Nov. 1, 2023.
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