Inch US shares are higher after selling in the midst of recession fears
Home News Inch US shares are higher after selling in the midst of recession fears

Inch US shares are higher after selling in the midst of recession fears

by jessy
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Futures US shares are traded slightly higher on Tuesday, after a large sales Monday when the market digested President Donald Trump’s comment that there will be a “transition period” because the economy is adjusted to the global trade war.

Dow Futures traded up 156 points, or around 0.36%.

The average Dow Jones industry is closed around 2% on Monday, while s& P 500 decreased 2.7%. Nasdaq heavy technology declined 4%, which amounting to more than $ 1 trillion in losses, according to Bloomberg.

A trader worked on the New York Stock Exchange floor on the opening bell in New York City on March 10, 2025.

Charly Triballeau/AFP via Getty Images

Asian shares, which opened sharply lower on Tuesday, after US sales, found several land. And European shares traded.

The Labor Statistics Bureau is expected to be Tuesday morning to release a report on how much work is open in the economy, which can provide other instructions on economic power amid new recession concerns. The inflation report is expected to be Wednesday.

A trader worked on the New York Stock Exchange floor on the opening bell in New York City on March 10, 2025.

Charly Triballeau/AFP via Getty Images

The main driving force for this new decline seems to be the American trade war, with investors watching the latest administrative plans on trade and tariffs. The sale coincided with the rate of revenge against the US along with the levies last week in Canada, Mexico and China, some of which were delayed.

This is a developing story. Please check again for updates.

ABC News’ Max Zahn contributes to this report.

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