White House press secretary Karoline Leavitt will deliver a press briefing at 1 p.m. The S&P 500 closed last Friday down 3.1% for the week, its steepest decrease in six months, and was down an additional 2.7% when markets closed on Monday evening. The NASDAQ and Dow Jones saw similar losses on Monday, falling 4% and 2%, respectively.

White House Press Secretary Karoline Leavitt reacted negatively to a loaded question from an Associated Press reporter about tariffs. Leavitt was answering questions from journalists on Tuesday during a news conference at the White House when Associated Press reporter Josh Boak inquired about the administration’s trade policies as President Donald Trump was preparing to address the Business Roundtable.