The 2-year Treasury yield has hit its lowest level since October amidst fears of a recession affecting the U.S. economy, following recent comments from President Trump and Treasury Secretary Scott Bessent, while some experts believe concerns about a recession may be exaggerated.

The Nasdaq experienced its largest drop since 2022, leading to significant losses for the top tech companies, totaling over $750 billion in market value amid recession fears.

Stock futures increased slightly after a sell-off triggered by recession fears. Investors are concerned about the U.S. economy as comments from President Trump and guidance from Delta Air Lines added to the anxiety. Analysts suggest fears may be overstated, with upcoming economic reports anticipated.