US stock futures and the Dow Jones continued to decline on Tuesday as growing recession concerns fueled a sharp selloff at the start of the week. On Monday, the Dow dropped 2.08%, hitting fresh multi-month lows. Megacap technology stocks led the downturn, further impacting market sentiment.
- The Dow dropped 2.08% on Monday.
- The Dow hit fresh multi-month lows.
- Recession concerns are fueling a sharp selloff.
The text indicates a negative outlook for the Dow Jones, with significant losses attributed to recession fears and a broader market downturn. The decline suggests investors are pulling back from stocks, likely due to concerns about future economic performance.