The 32 survey respondents, who include fund managers, strategists and analysts, raised the probability of recession to 36% from 23% in January.
Google signed a "definitive agreement" to acquire Wiz for $32 billion in an all-cash deal
European markets closed higher on Tuesday, with investor focus on Germany as politicians passed a historic debt reform deal.
Retail outflows from U.S. equities rose to about $4 billion over the past two weeks, according to data from Barclays.
The S&P 500 is attempting to rebound from the lows set Thursday. It's still too early to tell if this low will hold and a new rally was born.
Bank of America's Global Fund Manager Survey posted its biggest pullback in investor sentiment since March 2020.
The three major averages kicked off the week by posting their second consecutive winning session on Monday.
The reforms include changes to the debt brake rule and the creation of an infrastructure fund.
Trump and Putin "agreed that the movement to peace will begin with an energy and infrastructure ceasefire," the White House said.
Nvidia’s sales are up more than sixfold since its business was transformed by the release of OpenAI’s ChatGPT in late 2022.