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US markets are anticipating a selloff following weaker-than-expected jobs data, revealing a slowing economy. Futures for the Dow, S&P 500, and Nasdaq are down. The 10-year Treasury yield is flat, while gold rose and oil prices fell. Economists warn of a potential recession, contradicting previous optimism about the economy's resilience to tariffs. Upcoming economic reports, including the trade deficit and second-quarter productivity, will provide further insight. Several major companies, including Palantir, AMD, Caterpillar, Disney, and McDonald's, will release earnings this week.

Prepared by Christopher Adams and reviewed by editorial team.