Stocks were little changed Tuesday, following modest gains seen in the first session of June, as growth concerns increased and traders awaited more details on potential U.S. trade deals.
The S&P 500 and Dow Jones Industrial Average each hovered around the flatline. The Nasdaq Composite, however, was higher by 0.4%.
Tuesday's declines follow the Organization for Economic Co-operation and Development cutting its U.S. growth outlook. The OECD now sees the U.S. economy expanding by just 1.6%, down from 2.2%.
Treasury yields declined, as traders sought out safety. The benchmark 10-year Treasury note yield dropped 4 basis points to 4.418%.
Concerns over the state of the U.S. economy have grown this year as trade tensions with other countries, especially China, heighten.
Source: CNBC
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