![\"\"](\"https:\/\/ktbb.com\/post\/wp-content\/media\/2026\/05\/MARKETS1.webp\")
NEW YORK (AP) \u2014 U.S. stocks are trimming their losses from a rocky June on Tuesday.<\/p>\nNEW YORK (AP) \u2014 U.S. stocks are trimming their losses from a rocky June on Tuesday.<\/p>\n
The S&P 500 rose 0.7%, though it\u2019s still heading for its first losing month following two fabulous ones. The Dow Jones Industrial Average was up 157 points, or 0.3%, as of 1:16 p.m. Eastern time, and the Nasdaq composite was 1.4% higher.<\/p>\n
The main reason for this month\u2019s weakness has been a fall to Earth for stocks in the artificial-intelligence industry. After soaring to tremendous heights in the frenzy around AI, such stocks have come under pressure because of worries that they shot too high. That\u2019s a big deal for all investors because AI stocks have grown into some of Wall Street\u2019s largest and most influential, pulling indexes behind them.<\/p>\n
AI stocks were stronger Tuesday, with Nvidia rising 1.8% to trim its loss for the month. It was one of the strongest forces lifting the S&P 500.<\/p>\n
Microsoft, which is investing heavily in AI, rose 0.6% to bring its loss for the month back below 18%. Oracle, though, fell 0.8% to bring its drop for June to 35%. It\u2019s another company contending with concerns that big spending on AI may not yield enough productivity and profits to make it worth it.<\/p>\n
Outside of AI, the economy seems to be rumbling along, even though U.S. households are still feeling sour about it. A report released in the morning said that U.S. employers were advertising many more job openings at the end of May than economists expected, the latest signal that the job market remains resilient.<\/p>\n
But a second report said that confidence among U.S. consumers improved by less than economists expected. More Americans are saying it\u2019s hard to get a job, according to a survey by the Conference Board, even with data suggesting continued hiring.<\/p>\n
Tuesday\u2019s relatively quiet trading came as companies close their books for the quarter running from April through June. Investors want to see strong growth in profits to justify the big gains stocks made early in the quarter. Despite June\u2019s drop, the S&P 500 is still on track for its best quarter since six years ago, when stocks rocketed out of the crash caused by the COVID pandemic.<\/p>\n
Concentrix tumbled 15.1% after the technology company reported profit and revenue for the latest quarter that were just shy of analysts\u2019 expectations.
\nSign up for Morning Wire: Our flagship newsletter breaks down the biggest headlines of the day.
\nEmail address<\/p>\n
In the oil market, prices drifted as two U.S. envoys arrived in Qatar for talks with mediators about the implementation of an initial deal to end the war in Iran. The Americans will not be having direct negotiations with Iranian diplomats while in Doha.<\/p>\n
The price for a barrel of Brent crude oil, the international standard, erased an early, modest rise and dipped 0.8% to $73.32. The hope is that an end to the war will restore full access to the Strait of Hormuz, allowing oil tankers to move more crude and lower its price.<\/p>\n
Expensive oil has already sent inflation jumping around the world, which in turn has raised worries that the Federal Reserve and other central banks may have to raise interest rates. Higher rates would keep a lid on inflation, but they would also slow economic growth and hurt prices for investments.<\/p>\n
The yield on the 10-year Treasury rose to 4.41% from 4.38% late Monday.<\/p>\n
In stock markets abroad, indexes rose across much of Europe and Asia.<\/p>\n
Germany\u2019s DAX returned 1.5%, and South Korea\u2019s Kospi climbed 1% for two of the world\u2019s bigger gains.<\/p>\n
Japan\u2019s Nikkei 225 rose 0.9% as the value of the Japanese yen dropped near its lowest level against the U.S. dollar in 40 years.<\/p>\n
U.S. government bonds are paying much higher yields than their Japanese counterparts, and the possibility of rate hikes by the Fed is putting more pressure on the yen. Speculation is rising that Japan\u2019s government may try to prop up the yen\u2019s value, but Japan\u2019s finance minister said only that the government was ready to \u201crespond appropriately whenever necessary.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"
U.S. stocks are trimming their losses from a rocky June on Tuesday.<\/p>\n","protected":false},"author":65,"featured_media":1505127,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1450,1502],"tags":[],"class_list":["post-1519322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-abc-business-news","category-abc-heads"],"publishpress_future_action":{"enabled":true,"date":"2026-07-02 12:44:01","action":"change-status","newStatus":"trash","terms":[0],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/1519322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/users\/65"}],"replies":[{"embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1519322"}],"version-history":[{"count":1,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/1519322\/revisions"}],"predecessor-version":[{"id":1519323,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/1519322\/revisions\/1519323"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/media\/1505127"}],"wp:attachment":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1519322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1519322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1519322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}