U.S. stock futures decline on recession concerns
U.S. stock index futures fell on Monday after Treasury Secretary Scott Bessent warned of potential recession risks. His comments increased concerns about an economic slowdown amid ongoing trade tensions linked to President Trump's tariff policies. The Federal Reserve's upcoming meeting on Wednesday is drawing attention, with expectations that interest rates will remain unchanged. Analysts suggest the Fed may need to adjust its economic projections due to the impact of new tariffs. In premarket trading, major stocks like Microsoft and Amazon saw declines. The market is also awaiting key economic reports, including retail sales and manufacturing data, scheduled for release later today.