Dow, S&P 500, Nasdaq Set to Open Down, Trump Tariffs, Recession Fears; Nvidia, Palantir, Intel, Tesla, More Movers
Stock markets keep getting the cold shoulder from the Trump administration. Futures pointed to a red opening on Monday after Treasury Secretary Scott Bessent dismissed the recent downturn.Dow Jones Industrial Average futures were down 215 points, or 0.5%. S&P 500 futures were falling 0.6% and Nasdaq 100 futures were dropping 0.7%.The S&P 500 index dropped 2.5% this past week, its largest four-week point decline since the Covid-19 pandemic. The Dow posted its largest two-week point and percentage drop since September 2022, according to Dow Jones Market Data.Treasury Secretary Scott Bessent...