After moving to the upside early in the session, stocks have come under considerable pressure over the course of the trading day on Tuesday. The major averages have pulled back well off their highs of the session and firmly into negative territory.
The tech-heavy Nasdaq is underperforming the other major averages and is currently down 561.90 points or 2.2 percent at 25,367.76. The S&P 500 is also down 95.64 points or 1.3 percent at 7,310.09, while the Dow is down 285.73 points or 0.6 percent at 50,500.28.
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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.