Complete Market OverviewMajor Indexes End Day with Mixed Results Amid Economic Growth Concerns
The major U.S. stock indexes closed with mixed results on Tuesday, June 3, 2025, as investors weighed concerns about global economic growth and ongoing trade tensions. The S&P 500 edged down 0.3% to close at 5,924.65, while the Dow Jones Industrial Average fell 0.4% to 42,187.32. The tech-heavy Nasdaq Composite bucked the trend, rising 0.2% to 19,281.47, supported by strength in semiconductor stocks.
Today’s market performance follows yesterday’s positive start to June, when all three major indexes closed higher. The Organization for Economic Co-operation and Development (OECD) cut its U.S. growth outlook today, now projecting the U.S. economy to expand by just 1.6%, down from its previous forecast of 2.2%.
“The next six weeks are some of the best six-week periods historically, rivaling only what we see in the fourth quarter,” said Jeff deGraaf, head of technical research at Renaissance Macro. “So this is not a time to lighten up on positions, just from the calendar’s perspective.”
Trade Tensions Continue to Rattle Markets
Trade tensions between the United States and China continued to simmer, creating volatility in the markets. Beijing countered President Trump’s accusations that it had violated a temporary trade agreement, dampening hopes that the two countries could work out a deal in the near term.
Meanwhile, the European Union criticized Trump’s intention to double steel tariffs to 50%, saying that such a move “undermines” its own negotiations with the U.S. An EU spokesperson warned that the bloc was “prepared to impose countermeasures.”
Treasury yields declined as traders sought safety, with the benchmark 10-year Treasury note yield dropping 4 basis points to 4.418%.
Notable Stock Movers
Several individual stocks made significant moves today:
– **Constellation Energy (CEG)** surged 4.2% after announcing a 20-year deal to provide Meta Platforms (META) with power from its clean nuclear energy plant.
– **Dollar General (DG)** jumped 5.8% after the discount retailer raised its full-year guidance alongside strong first-quarter results, despite analysts’ expectations of a 10.91% decrease in earnings compared to the same quarter last year.
– **Ferguson Enterprises (FERG)** fell 2.3% after reporting quarterly earnings that missed analysts’ expectations for the second consecutive quarter.
– **NIO Inc. (NIO)** dropped 3.1% ahead of its earnings report, with analysts expecting continued losses despite a 38.89% improvement compared to the same quarter last year.
Earnings Watch: Key Reports After Today’s Close
Several notable companies are scheduled to report earnings after today’s market close:
– **CrowdStrike Holdings (CRWD)** will release its Q1 2026 earnings, with investors watching closely for growth in the cybersecurity sector.
– **Hewlett Packard Enterprise (HPE)** will report its Q2 2025 results, with analysts focusing on the company’s progress in cloud services and AI initiatives.
– **Guidewire Software (GWRE)** will announce Q3 2025 earnings, with the market looking for updates on its cloud transition strategy.
– **HealthEquity (HQY)** will release Q1 2026 figures, with investors watching for growth in its health savings account business.
– **Asana (ASAN)** will report Q1 2026 results, with the market focused on user growth and profitability metrics.
Global Markets Show Mixed Performance
Asian markets traded mixed on Tuesday after China’s manufacturing activity in May shrank at the fastest pace since September 2022, according to a private survey. The Caixin/S&P Global manufacturing purchasing managers’ index came in at 48.3, missing expectations and dropping sharply from 50.4 in April.
Hong Kong’s Hang Seng Index led gains in the Asia-Pacific region, ending the day 1.53% higher at 23,512.49, while Mainland China’s CSI 300 added 0.31%. Japan’s Nikkei 225 ended flat at 37,446.81.
Looking Ahead: Key Economic Data on the Horizon
Investors are now turning their attention to upcoming labor market reports later this week, which could provide further insights into the health of the U.S. economy and potential Federal Reserve policy decisions.
The CBOE Volatility Index (VIX), often referred to as the “fear gauge,” decreased 1.13% to 18.36 on Monday, suggesting a slight easing of market anxiety despite the ongoing concerns.
Trading volume was lighter than usual, with 15.67 billion shares traded on Monday, lower than the last 20-session average of 17.8 billion.
As we move further into June, market participants will be closely monitoring developments in trade negotiations, corporate earnings, and economic indicators to gauge the direction of the market for the remainder of the month.