US stock futures held steady after another brutal sell-off rocked Wall Street and deepened fears about the trajectory of the economy.
Futures attached to the Dow Jones Industrial Average (YM=F) remained flat. Futures attached to the benchmark S&P 500 (ES=F) dipped 0.3%. Futures attached to the tech-heavy Nasdaq Composite (NQ=F) fell 0.7%.
As of 7:35:05 PM EDT. Market Open.
YM=F ES=F NQ=F
On Monday, the three major indexes built on losses from the previous week, with the tech-heavy Nasdaq Composite (^IXIC) falling a whopping 4% as «Magnificent Seven» stocks faltered.
The mood on Wall Street has grown increasingly foreboding as President Donald Trump presses on with his fast-moving trade war, undeterred by concerns over the health of the US economy. Goldman Sachs became the latest Wall Street firm to slash economic forecasts amid the tariff turmoil.
Read more: The latest on Trump’s tariff plans
Delta Airlines (DAL) cut its outlook for the current quarter on Monday, citing «macro uncertainty,» in an early read on how a gloomy economic mood could weigh on corporate performance this year. The airline company’s shares plunged after-the-bell.
Investors are anticipating a pulse check on the state of inflation later this week, with February’s Consumer Price Index (CPI) print due Wednesday and a reading on the Producer Price Index (PPI) set for Thursday.
Coming soon
Stock market coverage for Tuesday, March 11, 2025.
