Bonds & Stocks
Wall Street traders drove stocks lower and the dollar advanced after Federal Reserve Chair Kevin Warsh declined to offer clues on the outlook for interest rates. The S&P 500 fell 0.5%. The yield on 10-year Treasuries advanced one basis point to 4.48%.
Economy
US job openings were little changed in May, suggesting labor demand remains stable alongside a recent pickup in payroll growth. Available positions ticked up to 7.59 million last month, slightly above the revised April level, according to Bureau of Labor Statistics data out Tuesday. The median estimate in a Bloomberg survey of economists called for 7.3 million openings.
World
A countdown to the expiry of the US-Mexico-Canada Agreement is set to begin as officials launch a review of the sweeping trade deal that President Donald Trump signed during his first term. The USMCA entered into force six years ago and is the architecture underpinning almost $2 trillion in annual trade among the three countries.