Following the mixed performance seen in the previous session, stocks are likely to move mostly lower in early trading on Tuesday. The major index futures are currently pointing to initial weakness on Wall Street, with the S&P 500 futures down by 0.5 percent.
The downward momentum on Wall Street comes amid a continued surge by treasury yields, with the yield on the benchmark ten-year note jumping to its highest levels in sixteen years.
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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.