{"id":120543,"title":"Wall Street Set for Modest Rebound After Sharp Selloff","publisher":"Share Talk","author":"sharetalk","published":"2025-03-11T11:49:38+00:00","modified":"2025-03-11T12:24:40+00:00","canonical_url":"https://www.share-talk.com/wall-street-set-for-modest-rebound-after-sharp-selloff/","markdown_url":"https://www.share-talk.com/wall-street-set-for-modest-rebound-after-sharp-selloff.md","json_url":"https://www.share-talk.com/wall-street-set-for-modest-rebound-after-sharp-selloff.json","category":"B2B","categories":["B2B","Blogs","Business & Support Services","Technology","Technology, Media & Telecoms"],"tags":["BAE Systems","Bond","canada","Chinese imports","Dassault Aviation","Dow Jones","Emmanuel Macron","EU","Euronext","Fed","FRANCE","French President","investors","Keir Starmer","Mexico","Paris","tariffs","UK","Ukraine","Wall Street"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/02/wall-street-11-feb.webp?fit=1200%2C800&quality=80&ssl=1","format":"news","language":"en-GB","content":"US stock indexes edged higher in premarket trading following Wall Street’s biggest one-day drop of the year.\n\nMega-cap stocks showed signs of recovery after Monday’s sharp declines, which saw Tesla plunge 15.4%, Nvidia drop 5.1%, and Meta slide 4.4%.\n\nIn premarket trading, Nvidia climbed 1.6%, while Meta and Amazon gained 0.7% and 0.4%, respectively. Tesla rebounded 4.7%.\n\nMonday’s sell-off was triggered by Donald Trump’s warning that the US economy faces a “period of transition” as he implements global import tariffs. The sharp downturn erased $4 trillion (£3.1 trillion) from the S&P 500’s peak last month.\n\nAhead of the opening bell, the Dow Jones Industrial Average rose 0.3%, the S&P 500 gained 0.4%, and the Nasdaq 100 was up 0.5%.\n\n#### **Trump to Meet Wall Street Executives Following Market Sell-Off**\n\nDonald Trump is set to meet with executives at the White House today as his tariff policies continue to rattle US stock markets.\n\nThe president will hold discussions with Washington-based business leaders just a day after the Nasdaq recorded its worst losses since 2022.\n\nBloomberg reports:\n\n> US President Donald Trump is scheduled to meet with top business executives on Tuesday, as industry leaders grapple with uncertainty about wide-ranging tariffs and a market selloff driven by recession fears.\n>\n> The meeting with the Washington-based [Business Roundtable](https://www.bloomberg.com/quote/0321246Z:US) is set to include chief executives from around the country, including the bosses of Wall Street lending giants, according to people familiar with the matter."}