U.S. stock futures tumble as the selloff in response to President Donald Trump's tariffs continues; global stocks drop as markets in Europe, Japan, and Hong Kong post steep declines; bitcoin (BTCUSD) falls to its lowest level since November; Goldman Sachs (GS) raises its odds of a U.S. recession and lowers its GDP forecast; and JPMorgan Chase (JPM) CEO Jamie Dimon says tariffs "will slow downꦍ growꦇth" in his annual letter to shareholders. Here's what investors need to know today.

1. ꦦUS Stock Futures Extend ♔Losses as Tariffs Selloff Continues

U.S. stock futures are sinking as the 澳洲幸运5开奖号码历史查询:selloff continues in reaction to 澳洲幸运5开奖号码历史查询:President Donald Trump's tariffs and 澳洲幸运5开奖号码历史查询:China's response. 澳洲幸运5开奖号码历史查询:Dow Jones Industrial Average futures are lower by about 800 points, or roughly 2%, after the blue-chip index shed nearly 10% in the final two sessions last week. Nasdaq futures are down almost 3% and 澳洲幸运5开奖号码历史查询:S&P 500 futures are lower by about 2.5%. Yields on the 10-year Treasury note are lower😼 at 3.98%. Oil futures are down 2.5% to trade at just above $60 a barrel. Gold futures are higher.

2. Global Stocks Sink as Europe, Asia🐷 React to Tariffs

Global stocks are sinking as the market selloff in reaction to U.S. ta💯riffs con𝓡tinues. The Stoxx Europe 600 index is almost 5% lower, while Japan's Nikkei closed down almost 8%, and Hong Kong's Hang Seng, where the biggest Chinese companies are listed, cratered 13%. Meanwhile, Wall Street's "fear gauge," the VIX index of implied stock market volatility, is surging to its highest levels since the🍨 early days of the pandemic.

3. Bitcoin Sell-Off Cဣontinues A༒mid Market Turmoil

Bitcoin (BTCUSD) is falling to its 澳洲幸运5开奖号码历史查询:lowest levels since November as traders sell off the 澳洲幸运5开奖号码历史查询:pioneer cryptocurrency amid broader market turmoil. Bitcoin is trading at around $76,500, down about 18% year-to-date. The downturn took cryptocurrency-related stocks with it. 澳洲幸运5开奖号码历史查询:Bitcoin buyer Strategy (MSTR) stock is down 9% in premarket trading. Shares of bitcoin miner Mara Holdings (MARA) are more than 10% lower, while those of another miner, Riot Platforms (RIOT), are falling by nearly 8%. Crypto brokerage Coinbase (COIN) stock is down almost 7%.

4. Goldman♚ Sachs Raises Recession Odds, Lowers GDP Outlook

Goldman Sachs (GS) lowered its outlook for U.S. 澳洲幸运5开奖号码历史查询:gross domestic product (GDP) and raised its 澳洲幸运5开奖号码历史查询:recession odds in a note Sunday night, as analysts continue to evaluate the Trump administration's tariffs. Goldman now sees 2025 fourth-quarter U.S. GDP 💫growing at 0.5% year-over-year, down from an earlier forecast of 1% growth. Goldman also lowered its full-year GDP projection to 1.3% from 1.5%, and raised its odds of a recession over the next 12 months to 45% from 35%.

5. JPMorgan's Dimon Says Tariffs 'Will Slow Down Growth'

JPMorgan Chase CEO 澳洲幸运5开奖号码历史查询:Jamie Dimon warned that tariffs stand to raise prices on both imported and domestic goods, potentially derailing an already slowing U.S. economy. In his annual letter to shareholders released on Monday, Dimon wrote that while the tariffs could produce long-term benefits, the higher import taxes will likely cause short-term disruption. "Whether or not the menu of tariffs causes a recession remains in question, but it will slow down growth," Dimon wrote.