Stock Futures Dropping as Bessent Shrugs Off Market Decline Amid Recession Fears

Stock Futures Dropping arsenic Bessent Shrugs Off Market Decline Amid Recession Fears

Stock markets support getting the acold enarthrosis from the Trump administration. Futures pointed to a reddish opening connected Monday aft Treasury Secretary Scott Bessent dismissed the caller downturn.

Dow Jones Industrial Average futures were down 206 points, oregon 0.5%. S&P 500 futures were besides falling 0.5%, arsenic were those tied to the Nasdaq 100.

The S&P 500 scale dropped 2.5% this past week, its largest four-week constituent diminution since the Covid-19 pandemic. The Dow posted its largest two-week constituent and percent driblet since September 2022, according to Dow Jones Market Data.