Stocks rebounded from an initial drop but have moved back to the downside over the course of the trading day on Tuesday. The major averages are extending the sharp pullback seen in the two previous sessions.
In recent trading, the major averages have fallen to new lows for the session. The Dow is down 337.93 points or 1 percent at 33,741.25, the Nasdaq is down 162.71 points or 1.2 percent at 13,385.35 and the S&P 500 is down 35.02 points or 0.8 percent at 4,313.85.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.