Stock futures edge up after recession fears triggered a market sell-off: Live updates
Published On Mar 10, 2025, 6:02 PM
Stock futures rose slightly on Tuesday following a significant sell-off on Monday due to heightened recession fears. Analysts note that while the market has faced turbulence, underlying economic fundamentals remain strong, with steady consumer spending. Key economic reports are expected later this week, which could impact market sentiment further. Major moves were seen in Delta Air Lines, which lowered its revenue forecast, and Oracle, which raised its dividend despite mixed earnings results.
Stock Forecasts
DAL
Negative
Delta Air Lines cut its revenue outlook amid decreased consumer and corporate confidence. This indicates potential challenges for the travel and airline industry, suggesting a negative outlook for the stock.
ORCL
Positive
Oracle's increase in its dividend points to a solid cash position and confidence in future earnings, which may attract investors. This bodes well for the stock's performance, indicating a positive outlook.
ASAN
Negative
Asana experienced a significant drop in share price following a leadership change and disappointing revenue guidance, suggesting a turbulent future and investor uncertainty around this stock.
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