US Morning News Call | Trump Won't Predict Whether Recession Could Result from Tariff Actions
Before the Bell U.S.
On Monday, stock futures declined as the selling pressures from last week continued to impact Wall Street, with investors anticipating a series of economic data reports in the coming days.
Futures tied to the $E-mini S&P 500 Futures(JUN5) (ESmain.US)$ fell 1.03%. $E-mini NASDAQ 100 Futures(JUN5) (NQmain.US)$ went down by 1.16%, and $E-mini Dow Futures(JUN5) (YMmain.US)$ went down 985 points, or 0.9%.
Top News
Trump Won't Predict Whether Recession Could Result from Tariff Actions
In a recent interview, President Trump avoided predicting a potential 2025 recession amid trade tensions and market volatility, while discussing the temporary delay of tariffs on Mexican and Canadian imports until April 2. Despite the pause, Trump suggested the possibility of increasing tariffs after they take effect.
Bitcoin Dropped Near $80K Amid Disappointment Over Trump's Crypto Moves
$Bitcoin (BTC.CC)$ prices fell, dropping close to $80,000, as markets were unimpressed by President Trump's formation of a national Bitcoin reserve and a White House crypto summit, which lacked clear plans for government crypto purchases or regulatory measures. Broader market concerns over the U.S. economy and potential trade tariffs also dampened investor enthusiasm for risk-driven assets.
Tesla Stock Nears 50% Drop from Historical High
$Tesla (TSLA.US)$ 's stock price continued to fall in pre-market trading on Monday after having declined for seven consecutive weeks. So far this year, Tesla has dropped approximately 35%, and compared to its historical high of $488.54, last Friday's closing price of $262.67 represents a decline of nearly 50%.
TSMC February Revenue Up 43% Year-on-Year
$Taiwan Semiconductor (TSM.US)$ reported a net revenue of approximately NT$260.01 billion for February 2025, marking an 11.3% decrease from January 2025 but a 43.1% increase from February 2024. The total revenue for January and February 2025 reached NT$553.30 billion, up 39.2% compared to the same period in 2024.
DoorDash Set to Join S&P 500
$DoorDash (DASH.US)$ is set to be included in the S&P 500 index, with the change taking effect on Monday, March 24, as announced by S&P Dow Jones Indices.
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102326563 : Haha where are the dumb “Trump is good for stock market” supporters now
Junlin Liu766 : Trump is really troublesome.
105636227 : Although Trump doesn't seem concerned about the equity market, but he is a business man, one can assume he might be buying the dips now
Load The Truck : Trump is concerned but won't show his card
5428986946 : Anyway, it is currently in a bearish correction. Regardless of any good measures, they are viewed as bad policies. Both Stocks and Bitcoin prices are just falling.
151318250 : You clearly has no understanding how the stock market works. It was overinflated and before the gangster banksters can make again huge profits they had to deflate the market and took all the small investors money. But hey, I guess you are in love with the deep state and it's banksters, so enjoy the ride. And it's not about Tesla - beside some retard''s hate speach who has no money to control anything. Just compare Tesla chart with Amazon chart and you will see exactly the same shape, concept. Whales are having fun.
MT888888 : He is just giving lame excuses for all the damages he has done
Nolamedpsych 105636227 : He is manipulating the market for personal gain. It’s dangerous and puts us at odds with many great allies.
151318250 : You morons really think that Trump and Elon moving the stock exchange prices and not the deep state banksters who are shting in their pants that their corrupt kingdom will be defeated?
Robert Cardenas Jr 151318250 : Is this the new MAGA talking point that was sent out this morning on WhatsApp?
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