Stocks Heading for Another Bad Day as Recession and AI Worries Persist

Stocks are heading for another disappointing September trading session, with the economy and tumbling artificial intelligence stock prices serving up a twin threat to markets. Futures for the benchmark S&P 500 slid 0.4%, while contracts tied to the tech-heavy Nasdaq 100 dropped 0.7%. The three gauges had their worst day in more than a month on Tuesday, dragged down by weak ISM manufacturing data, which reignited fears that the U.S. economy could be headed for a recession.