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How to prepare for recession as US stocks plunge amid Trump tariff fears

Recession fears persist amid inflation and trade warsPresident Donald Trump did not rule out the possibility of a recession in a recent Fox News interview, amid his administration's continuing trade war.The U.S. economy may be heading toward a recession due to recent economic policies and global uncertainty.A recession is characterized by a decline in economic activity, including a drop in GDP, increased unemployment, and reduced consumer spending.Experts suggest preparing for a potential recession by building an emergency fund, reducing debt, and diversifying investments.Are we heading for a recession?On Monday, U.S....
Stock Market

Dow, S&P 500, Nasdaq futures hold steady after tariff relief for automakers

US stock futures held steady after a volatile day of trading ended in a rally, driven by President Donald Trump's one-month pause on tariffs targeting automakers. Futures attached to the Dow Jones Industrial Average (YM=F) and the benchmark S&P 500 (ES=F) remained flat. Futures attached to the tech-heavy Nasdaq (NQ=F) fluttered 0.2%. CBOT - Delayed Quote • USD As of 8:01:32 PM EST. Market Open. YM=F ES=F NQ=F Trump revealed a one-month delay on tariffs affecting cars entering the US from Canada and Mexico after speaking with Canadian Prime Minister...
Stock Market

Dow, S&P 500, Nasdaq futures dip despite tariff relief for automakers

US stock futures held steady after a volatile day of trading ended in a rally, driven by President Donald Trump's one-month pause on tariffs targeting automakers. Futures attached to the Dow Jones Industrial Average (YM=F) remained flat and the benchmark S&P 500 (ES=F) slipped 0.1%. Futures attached to the tech-heavy Nasdaq (NQ=F) fluttered 0.2%. CBOT - Delayed Quote • USD As of 12:05:02 AM EST. Market Open. YM=F ES=F NQ=F Trump revealed a one-month delay on tariffs affecting cars entering the US from Canada and Mexico after speaking with Canadian...
Stock Market

Dow, S&P 500, Nasdaq inch higher amid signs of tariff relief

US stocks edged higher on Wednesday, eyeing a rebound from a sharp sell-off, amid hopes that President Donald Trump could soon scale back his new tariffs on Canada and Mexico. But a soft print on labor-market hiring revived worries about a slowdown. The S&P 500 (^GSPC) rose about 0.1% while the Dow Jones Industrial Average (^DJI) was roughly flat. The Nasdaq Composite (^IXIC) was up about 0.2%. Both the S&P 500 and Nasdaq entered Wednesday's trading session near four-month lows. A fresh look at the jobs market Wednesday provided another...
Stock Market

Dow, S&P 500, Nasdaq slide after jobs data amid signs of tariff relief

Data released Wednesday showed activity in the services sector increased in February. The Institute for Supply Management's services index registered at 53.5 in February, up from January's 52.8 reading and above the 52.5 economists had expected. Readings above 50 indicate an expansion in activity, while those below 50 reflect a contraction. Meanwhile, the ISM's prices paid index rose to 62.6 from 60.4 the month prior, as company costs continued to increase. The employment index also ticked higher, coming in at 53.9, compared with 52.3 in January. The data didn't come...
Stock Market

Dow, S&P 500, Nasdaq futures rise after Lutnick hints at possible tariff relief

US stock futures rose after Commerce Secretary Howard Lutnick hinted that President Donald Trump may provide a pathway to tariff relief for Canada and Mexico as soon as Wednesday. Futures attached to the benchmark S&P 500 (ES=F) climbed 0.7%. Futures attached to the Dow Jones Industrial Average (YM=F) advanced 0.6%. And futures attached to the tech-heavy Nasdaq (NQ=F) ascended 0.8% CBOT - Delayed Quote • USD As of 1:43:48 AM EST. Market Open. YM=F ES=F NQ=F Lutnick’s comments on Fox Business Network raised investor hopes that the president might reconsider...
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