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SINGAPORE (Reuters) -Citi analysts cut their recommendation for U.S. stocks to "neutral" from "overweight" on Monday after recession fears pummelled the market, arguing that the U.S. economy may no longer outpace the rest of the world in the coming months. At the same time, they upgraded their view on China to "overweight" from "neutral".

Morgan Stanley has been one of the most bearish firms on Wall Street, and it's been proven right lately.

Elon Musk's net worth fell by $29 billion on Monday. Tesla's stock free fall has some investors concerned about the CEO's focus.

The president and his economic officials have indicated they are willing to endure short-term pain to reshape America’s economy.

Buybacks have historically been an ace in the hole for companies looking to generate stock gains during lean times.

Elon Musk said in an interview that running his businesses while working with the White House has not been easy. Tesla stock declined 15% on Monday.

Delta stock tumbled Monday night as the company warned a "recent reduction in consumer and corporate confidence caused by increased macro uncertainty" will drive weaker sales in the current quarter.