Morning Session Overview: U.S. Stocks Extend Decline; Dow Jones Drops Over 100 Points
1 week ago / Read about 0 minute
Author:小编   

During Tuesday's morning trading session, U.S. stocks continued their downward trajectory, with the Dow Jones Industrial Average sliding by more than 100 points. Investors remain vigilant, keeping a close eye on the escalating conflict between Israel and Iran, as well as the upcoming Federal Reserve monetary policy meeting. Recent data revealed that U.S. retail sales in May experienced the steepest decline of the year, hinting that President Trump's tariff policies might be curbing consumer spending. Meanwhile, tensions in the Middle East have driven up international oil prices.

In the technology sector, Tesla encountered obstacles while testing its full self-driving system, while Apple addressed the delay in the release of Siri updates. Additionally, Google is making strides in deploying anti-fraud technology in India. On the energy front, the Senate's proposed cancellation of tax credits for solar energy has led to a decline in solar stocks. Conversely, the extension of tax credits for nuclear energy has provided a boost to nuclear power stocks.