President Donald Trump said he will announce tariffs on automobile imports in the coming days — and indicated nations will receive breaks from next week’s “reciprocal” tariffs.

Stock futures edged higher Tuesday after concerns that a recession would hit the U.S. economy sparked a broad sell-off on Monday.

Futures tied to the Dow Jones Industrial Average were last up 65 points, or 0.2%. S&P 500 futures advanced 0.3%, as did Nasdaq-100 futures.

President Donald Trump’s propaganda outlets are struggling to articulate a clear message as his sclerotic rollout of tariffs trigger widespread economic turbulence. 

U.S. stock markets tumbled on Monday after Trump told Fox News’ Maria Bartiromo that he could not rule out the possibility of a recession. The Dow Jones Industrial Average and S&P 500 both suffered their worst day of the year, losing more than 2%, while the NASDAQ Composite fell 4%, its worst day since September 2022.

A sell-off in global shares eased in Europe on Tuesday following a sharp fall in US stocks that came as investors raised concerns about the negative economic impact of President Donald Trump's tariffs.

It followed the president saying in a TV interview that the world's biggest economy was in a "period of transition", when asked about suggestions of a potential recession.

Since those remarks were broadcast on Sunday, top Trump officials and advisers have sought to calm investor fears.

U.S. stocks tumbled on Monday, with concerns about the effects of President Donald Trump’s tariffs on economic growth spooking investors.

The US stock market continued to drop on Monday as the White House denied that Donald Trump’s trade policies were causing lasting chaos within the economy.

Private sector job creation slowed to a crawl in February, fueling concerns of an economic slowdown, payrolls processing firm ADP reported Wednesday.

Companies added just 77,000 new workers for the month, well off the upwardly revised 186,000 in January and below the 148,000 Dow Jones consensus estimate, according to seasonally adjusted figures from ADP.

Investors entered the New Year cheerful about the prospects of a business- and crypto-friendly Trump administration. Yet two months into 2025, US stocks have lagged Europe and Chinese stocks, bitcoin is sliding and concerns about inflation are mounting.

US stocks largely slid Tuesday as investors digested a poor outlook from a consumer confidence survey that showed heightened concern about inflation. The Conference Board’s consumer confidence index saw its largest monthly decline since August 2021.

Palantir Technologies Inc. shares fell 10% on Wednesday, and continued to slide in after-hours trading, following a report that US Defense Secretary Pete Hegseth has asked officials for plans on how to slash military spending.

Palantir, which has seen its stock soar by almost 50% this year, is a major US defense contractor. It also sells technology and artificial intelligence products to other allied governments and private companies...

Warren Buffett sold a big stake in a healthcare provider - causing the share price to sink 11 per cent.  

The 94-year-old investor runs Berkshire Hathaway, which owns dozens of companies, including insurer Geico, battery maker Duracell, and restaurant chain Dairy Queen.

On Tuesday, the company offloaded billions of dollars of stock in DaVita, a dialysis provider.