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AI Bubble Concerns Continue To Weigh On Wall Street

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Stocks regained some ground after an early sell-off but still ended Tuesday's trading significantly lower. The major averages added to the notable losses posted during Monday's session, once again falling to their lowest closing levels in a month.

The major averages all finished the day firmly in negative territory. The Dow slumped 498.50 points or 1.1 percent to 46,091.74, the Nasdaq tumbled 275.23 points or 1.2 percent to 22,432.85 and the S&P 500 slid 55.09 points or 0.8 percent to 6,617.32.

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Global Economics Weekly Update - Jun 01 - Jun 05, 2026

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.