By Caitlin McCabe
A new trading week has done little to calm investors' nerves. Stock futures and Treasury yields are both falling.
President Trump over the weekend refused to rule out the U.S. economy entering a recession this year, telling Fox News there will be a "period of transition because what we're doing is very big."
Trump's TV appearance followed a turbulent week in markets, with concerns growing about how the administration's unpredictable tariff policies could affect U.S. growth. The S&P 500 finished Friday with a 3.1% weekly drop, its biggest such decline in six months.
Coming this week: Inflation gauges for February, plus readings on consumer sentiment and job openings.
In recent trading:
--U.S. stock futures fell. The tech-focused Nasdaq-100 led losses, slipping roughly 1%.
--The 10-year U.S. Treasury yield slipped below 4.26%. It had settled Friday at 4.317%.
--The WSJ Dollar Index hovered at its lowest level since early November. Last week, it suffered its largest decline in over two years, battered by economic and foreign-policy shakeups.
--Overseas, Chinese stocks fell. On Sunday, inflation data showed consumer prices in China dropped last month by more than expected.
--The Stoxx Europe 600 ticked lower. European defense extended their recent rally.
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(END) Dow Jones Newswires
March 10, 2025 06:36 ET (10:36 GMT)
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