US Stock Market LIVE Updates: Wall Street flat as US growth outlook cut, traders await trade deal clarity

HomeMarket NewsUS Stock Market LIVE Updates: Wall Street flat as US growth outlook cut, traders await trade deal clarity

US Stock Market LIVE Updates: US stock futures slipped on Tuesday morning, pulling back after a positive start to June. Futures tied to the S&P 500, the Dow Jones Industrial Average and Nasdaq 100 were in the red. This followed gains in the previous session, where the S&P 500 rose 0.41%, the Nasdaq Composite advanced 0.67%, and the Dow added 35.41 points, or 0.08%. Markets managed to close higher on Monday despite fresh tensions between the US and China. Beijing pushed back against former President Donald Trump’s claims that it had breached a temporary trade agreement, dimming earlier hopes that the two sides could reach a new deal. The development has raised concerns that talks may now face further setbacks. In Europe, the EU criticised Trump’s proposal to double steel tariffs to 50%, arguing that the move could undermine ongoing trade discussions with Washington. The bloc warned that it is ready to introduce countermeasures in response.

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