LIVE MARKETS-No bounce
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NO BOUNCE
U.S. stocks are mixed with just modest changes in the early stages of trading on Tuesday, coming off a selloff in the prior session following the latest tariff announcements from President Donald Trump against 14 nations, with a new deadline of August 1.
The economic calendar is once again light for the day, as an earlier report from the National Federation of Independent Business (NFIB) showed small-business confidence slipped in June, as firms overall felt they had too much inventory on hand amid ongoing trade tensions and declining optimism over the outlook for sales.
Later in the session,m May consumer credit data will be released, with the estimate of economists polled by Reuters calling for a decrease to $11 billion from $17.87 billion in April.
Investors will also eye a $58 billion auction of three-year notes US3YT=RR today to gauge the appetite for government debt.
Among S&P 500 sectors, energy .SPNY, up more than 1.5%, is the leading gainer, while utilities .SPLRCU, sliding more than 1.8%, is taking the biggest hit.
Here is an early market snapshot:
(Chuck Mikolajczak)
EARLIER ON LIVE MARKETS:
PLATINUM ETFs: A QUIET SHIFT WORTH WATCHING CLICK HERE
GROWTH CHUGGING ALONG VS VALUE CLICK HERE
BEARISH POSITIONING COULD FAVOUR OF ASML ON EARNINGS DAY CLICK HERE
US VS. CHINA: WHY COULD EUROPE PAY THE PRICE? CLICK HERE
EUROPEAN STOCKS UNFAZED BY TRUMP TARIFF UPDATE CLICK HERE
EUROPE BEFORE THE BELL: STOCK FUTURES STEADY AS TARIFF SHOW ROLLS ON CLICK HERE
TARIFF DEJA VU TAKES HOLD CLICK HERE
Early trade July 8
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