As the coronavirus pandemic escalates and growth heads sharply lower against a backdrop of volatile markets and growing credit stress, S&P Global's economists forecast a global recession this year, they said in a release Tuesday. The economists now estimate global GDP growth in 2020 at just 1.0%-1.5%, with risks remaining firmly on the downside, they said. Dow YM00, +0.01% , S&P ES00, +0.03% and Nasdaq NQ00, +0.10% futures contracts were higher early Tuesday after Monday's broad retreat marked another worst session since the 1987 crash.