U.S. stocks are down firmly in negative territory on Monday, with those from the technology sector suffering sharp losses as investors await earnings updates from top notch tech firms.
Investors are also looking ahead to the Federal Reserve's monetary policy announcement on Wednesday. The Bank of England and the European Central Bank are also scheduled to announce their rate decisions this week.
The major averages are all notably lower going into the final hour, and look well on course to end the day's session on a weak note.
For comments and feedback contact: editorial@rttnews.com
Business News
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.