U.S. stocks ended notably lower on Tuesday after staying weak right through the day's session due to sustained selling at several counters.
A lack of significant progress in U.S. debt ceiling negotiations weighed on sentiment. Traders largely shrugged off data showing fairly sharp growth in the nation's private sector activity.
The major averages all ended notably lower. The Dow ended lower by 231.07 points or 0.69 percent at 33,055.51. The S&P 500 ended down 47.05 points or 1.12 percent at 4,145.58, while the Nasdaq settled at 12,560.25, down 160.53 points or 1.26 percent.
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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.