Dow futures inch higher after plummet driven by recession fears

U.S. stock futures signaled a small respite from the prior day's carnage that had the Dow Jones Industrial Average losing nearly 900 points on worries that the economy could be heading toward a recession.

Futures steadied after Bloomberg News reported that President Trump would meet with business leaders on Tuesday, with investors on high alert for indications from the White House on possible trade policy shifts.

Dow futures were lately up 41 points, or 0.1%, at 41,988.00. S&P 500 futures added 6.25 points, or 0.1%, to 5,627.00 and Nasdaq futures rose 33.75 points, or nearly 0.2%, to 19,485.50.