By Angus Berwick
U.S. stock futures declined early Monday after Scott Bessent's weekend comment that "corrections are healthy."
The treasury secretary said Sunday he wasn't worried about a market downturn, telling NBC News, "They're normal. What's not healthy is straight up." President Trump's tariff threats pushed the S&P 500 into its first correction Thursday since late 2023, though indexes rebounded somewhat Friday.
Overseas, China reported robust economic activity for the start of year and announced plans to stimulate its economy. Asian and European stocks rose Monday.
In recent market action:
-- S&P 500, Nasdaq-100 and Dow industrials futures all fell.
-- Benchmark Treasury yields edged below 4.29%. Ten-year yields settled Friday at 4.307%.
-- Gold contracts traded at around $3,000 a troy ounce, having topped that level late Thursday for the first time.
-- Overseas stocks gained. The Stoxx Europe 600 edged up, while Japan's Nikkei 225 and Hong Kong's Hang Seng rose more strongly.
-- Bitcoin prices traded above $83,000.
Coming up:
-- Retail-sales data for February are scheduled for 8:30 a.m. ET Monday.
-- The Federal Reserve's rate decision is due Wednesday.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
March 17, 2025 06:38 ET (10:38 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。