U.S. Stock Market, 3 Major Indices Start Down Simultaneously... Continued Wait-and-see Mood

On June 3rd (local time), the U.S. New York Stock Exchange started with a decline. The S&P 500 index fell by 0.25%, the Nasdaq index fell by 0.33%, and the Dow Jones Industrial Average showed a decline of 0.16%.

Market participants are watching the major economic indicator announcements, such as the Federal Reserve's interest rate policy direction and employment indicators, ahead of the June FOMC meeting, maintaining a wait-and-see stance. Particularly, the Nasdaq, focused on technology stocks, recorded a relatively large decline as recent U.S.-China trade tensions escalated.

In the short term, economic indicators and the remarks of Federal Reserve officials are expected to act as key variables determining the direction of the market.