Stock futures were rising modestly Tuesday after Wall Street tanked Monday on increasing worries the U.S. economy would tip into a recession. Tech shares were the leading decliners and the Nasdaq Composite, down 4% on Monday, suffered its largest one-day percentage decline since Sept. 13, 2022.

These stocks were poised to make moves Tuesday:

Tesla shares rebounded 4.3% in premarket trading. US President Donald Trump said he’ll buy a “brand new” Tesla to support Elon Musk, after shares of the electric car maker had their worst day in four years amid a growing backlash over Musk’s political allegiances.

Chinese ADRs jumped in premarket trading. Direxion Daily FTSE China Bull 3X Shares rose 6%; $XPeng(XPEV) rose 10%; NIO rose 7%; Bilibili rose 6%; Li Auto and KE Holdings rose 5%; Alibaba rose 4%; Baidu, JD.com, and PDD Holdings rose 2%.

Citigroup Inc. downgraded US equities to neutral from overweight while upgrading China to overweight, saying that US exceptionalism is at least on pause.

Nvidia was up 1.85% in the premarket session. The leading maker of artificial-intelligence chips fell 5.1% on Monday and widened its losses in 2025 to 20%. The decline marks the stock's worst start to a year since 2022.

Oracle reported disappointing quarterly results and gave a sales and profit forecast for the current quarter that fell short of analysts’ estimates. The shares dropped 1.6% in premarket trading Tuesday.

Delta Air Lines on Monday slashed its first-quarter profit estimates by half, sending its shares down 10% in premarket trading Tuesday, and its CEO said the environment had weakened due to U.S. economic uncertainty. Other airline stocks were routed in premarket trading Tuesday. United fell 7%, and American Airlines dropped nearly 6%.

Asana shares plunged 26% in premarket trading Tuesday after the work management software company fell short with its outlook that was delivered alongside otherwise reasonable quarterly earnings. But it also announced that Chief Executive Dustin Moskovitz is retiring at the grand old age of 40, potentially raising questions about leadership of the 17-year-old company.

Redwire Corp., a space infrastructure company, saw its shares tumble 16% in premarket trading after reporting fourth-quarter results that fell short of analyst expectations.

Hesai Group shares gained 4.8% in premarket trading Tuesday. Hesai Group announced record-breaking financial results for the fourth quarter and full year of 2024, showcasing significant growth in lidar shipments and revenue. The company achieved a milestone as the first lidar company to report full-year non-GAAP net profits.