Hormuz Shipping Slows as Iran Threats Lift Oil Risks 
China to Inject $45 Billion Into State Financial Institutions 
Iran Vows Tougher Response as U.S. Sanctions Squeeze Economy 
Oil Prices Climb as Iran Threatens Gulf Energy Infrastructure 
Oil Prices Rally as Brent Nears $100 on U.S.-Iran Escalation 
Canada Retaliatory Tariffs on U.S. Goods Take Effect 
China Exports Surge 25% in August as Trade Surplus Hits $119 Billion 
Asian Currencies Mixed as Yen Rallies on BOJ Bets 
US Stock Futures Mixed as Fed Rate Hike Bets Rise 
China Inflation Accelerates in August as CPI, PPI Rise 
UK Food Inflation Forecast to Hit 6.4% by Mid-2027 
China Boosts Gold Reserves by 650,000 Ounces as Prices Rally 
Asian Stocks Mixed as AI Chip Rally Meets Oil Surge 
ECB Set for September Rate Hike as Energy Prices Fuel Inflation 
Japanese Yen Nears Seven-Month High as Oil Approaches $100 
US Bans Canadian Alcohol, Motorcycles as Trade War Escalates 
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U.S. stock futures tumbled Monday evening following a sharp sell-off on Wall Street, as recession fears fueled by President Donald Trump’s tariff policies rattled investors.
S&P 500 Futures dropped 0.5% to 5,595.0 points, while Nasdaq 100 Futures declined 0.8% to 19,306.0 points. Dow Jones Futures remained mostly flat at 41,965.0 points. The broader stock market suffered steep losses, with the S&P 500 sliding 2.7%, the Dow Jones Industrial Average falling 2%, and the Nasdaq Composite plunging 4%, led by major tech stock declines.
Tesla (NASDAQ:TSLA) plummeted 15%, while NVIDIA (NASDAQ:NVDA) slipped 5.1%. Broadcom (NASDAQ:AVGO) lost 5.4%, and Arm Holdings (NASDAQ:ARM) fell 7.3%. Crypto-related stocks also took a hit, with Strategy (NASDAQ:MSTR) plunging 16.7% and Coinbase (NASDAQ:COIN) sinking 17.6%, following Bitcoin’s downturn.
A Reuters poll indicated escalating economic risks across the U.S., Mexico, and Canada due to Trump’s tariff measures, amplifying business uncertainty. Inflation concerns are rising, increasing the likelihood that the Federal Reserve will maintain its current monetary policy stance. Trump has avoided speculating on a potential 2025 recession despite growing economic concerns.
Further adding to market anxiety, a U.S. government shutdown looms if Congress fails to approve a temporary funding bill before the March 14 deadline. The House proposed a six-month stopgap measure, with a vote set for Tuesday. The bill requires 60 Senate votes to pass.
Investors now await Wednesday’s consumer price index (CPI) report, a key indicator ahead of the Federal Reserve’s interest rate decision next week. Fed Chair Jerome Powell recently stated that the central bank is monitoring Trump’s economic policies, including tariffs and federal worker layoffs, while maintaining a cautious approach on rate adjustments.
