Stocks have moved sharply lower in morning trading on Tuesday, giving back ground following the substantial rally seen over the past several sessions. The major averages have all shown significant moves back to the downside.
In recent trading, the major averages have fallen to new lows for the session. The Dow is down 743.04 points or 2.3 percent at 31,638.30, the Nasdaq is down 402.82 points or 3.3 percent at 11,863.59 and the S&P 500 is down 108.61 points or 2.6 percent at 4,001.80.
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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.