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U.S. stock futures are pointing lower after the OECD cut its U.S. and global growth outlooks over tariff concerns and uncertainty; Dollar General (DG) shares are jumping in premarket trading after it reported better-than-expected results and raised its guidance; General Motors (GM), Ford Motor (F) and Stellantis (STLA) shares are in focus after dropping Monday on President Donald Trump's plans to double U.S. steel tariffs; and Palantir Technologies (PLTR) shares hit a record high for a second straight session yesterday. Here's what investors need to know today.

1. US Stock Futures Point Lower on Weakened Economic Outlook

U.S. stock futures are pointing lower after indexes shook off trade tensions Monday to start June trading on a positive note. Dow Jones Industrial Average and S&P 500 futures are 0.2% lower and Nasdaq futures are down 0.1% after all three indexes gained yesterday. Bitcoin (BTCUSD) is higher, trading at over $105,000, while oil futures also are up. The 10-year Treasury note yield and gold futures are lower.

2. OECD Cuts US, Global Growth Forecasts on Tariffs, Uncertainty

The Organisation for Economic Co-operation and Development (OECD) on Tuesday sharply lowered its growth forecasts for the U.S., citing an increasingly challenging world outlook due to the fallout from tariffs and policy uncertainty. The OECD said it expects the U.S.'s annual real gross domestic product (GDP) growth rate to fall to 1.6% in 2025 and 1.5% in 2026 from 2.8% in 2024. In March, the OECD had forecast U.S. growth at 2.2% this year and 1.6% next year. The OECD also cut its forecasts for global GDP growth to 2.9% this year and next from 3.3% in 2024, assuming tariff rates as of mid-May are left unchanged.

3. Dollar General Stock Jumps on Discount Retailer's Q1 Results, Outlook Lift

Dollar General (DG) shares are jumping 11% in premarket trading after the discount retailer reported better-than-expected first-quarter results and raised its full-year outlook. The company reported earnings per share (EPS) of $1.78 on net sales that increased 5% year-over-year to $10.44 billion. Analysts surveyed by Visible Alpha had projected $1.47 and $10.26 billion, respectively. The company raised the floor of its full-year EPS forecast by 10 cents to a range of $5.20 to $5.80 and increased its net sales growth projection to 3.7% to 4.7% from 3.4% to 4.4%.

4. 'Big Three' Stocks in Focus After Dropping on Trump Steel Tariffs Comments

Shares of  "Big Three" automakers are in focus after dropping Monday on investors' concerns over proposed higher U.S. tariffs on steel imports. General Motors (GM) and Ford Motor (F) declined roughly 4% and Stellantis (STLA) dropped 3.6% yesterday after President Donald Trump said that the U.S. would double its tariffs on steel imports to 50%, which could greatly increase costs for automobile manufacturing. Shares for all three are edging lower in premarket trading.