Investors are rushing into the relative safe-haven of the bond market, causing the yield on the U.S. 10-year Treasury to plummet.Real Estateread more
Stocks fell sharply on Thursday as investors started to fear the U.S.-China trade war is slowing the economy.Marketsread more
Wall Street is becoming convinced that both the White House and Beijing are willing to engage in a protracted trade war that could begin to hit consumers and slow global...Market Insiderread more
President Donald Trump was expected to deliver remarks Thursday afternoon on supporting America's farmers and ranchersPoliticsread more
Investors rushed into the safety of bonds Thursday and sold stocks, as it appeared the trade war could be prolonged and more painful for the world economy than expected.Market Insiderread more
Oracle co-founder Larry Ellison disclosed a $1 billion stake in Tesla in late December. It's now worth about $580 million.Technologyread more
Investors trying to get a gauge on the state of U.S.-China trade relations should look at shares of big chipmakers, according to Ned Davis Research.Marketsread more
The volatile stock of Tesla has lost over 40% so far this year, and experts are split on what might happen next.Trading Nationread more
The e-mail's optimistic tone helped Tesla shares turn positive for the first time in seven days.Technologyread more
J.P. Morgan Chase has cut ties with Purdue Pharma LP over the OxyContin maker's alleged role in the U.S. opioid crisis, forcing it to find a new bank to manage cash and bill...Banksread more
Farmers hurt by the ongoing U.S.-China trade war would rather have their markets back than the latest bailout from the Trump administration, says GOP Sen. Chuck Grassley.Politicsread more
U.S. stock index futures pointed to a narrowly higher open Tuesday, as traders eyed data for hints on whether the Federal Reserve will hike interest rates in June.
Personal spending increased 1 percent in April, the biggest gain in more than six years. Personal income rose 0.4 percent.
The personal consumption expenditures (PCE) price index, excluding the volatile food and energy components, rose 0.2 percent last month after edging up 0.1 percent increase in March. In the 12 months through April the core PCE rose 1.6 percent after a similar increase in March.
The S&P/Case Shiller composite index of 20 metropolitan areas rose 5.4 percent year-over-year in March, matching the increase the month before and beating the 5.2 percent estimate from a Reuters poll of economists.
Treasury yields edged higher, while the U.S. dollar index held mildly higher. The euro was near $1.116 and the yen around 111.2 yen against the greenback as of 9:02 a.m. ET.
The Chicago purchasing managers' index (PMI) for May and consumer confidence for May are due later in the morning.
These reports come ahead of the all-important non-farm payrolls report on Friday, at the end of a shortened trading week on Wall Street because of the U.S. Memorial Day holiday on Monday.
"We expect a gain of only 120,000 in non-farm payrolls in May (Friday), partly owing to the strike by Verizon workers. Even putting the temporary distortions aside, employment growth could be weak enough to leave the Fed's decision next month on a knife edge, " Paul Ashworth, chief North American economist at Capital Economics, said in a report on Friday.
"Otherwise, April's personal spending data (Tuesday) should confirm that consumption growth got off to a much better start in (the second quarter)" he added.
WTI and Brent crude futures remained above $49 per barrel on Tuesday, but below the $50-plus peaks hit on Thursday. An OPEC meeting this week will be closely watched, but is not expected to result in any production freeze.
Follow CNBC International on and Facebook.
Correction: This story was updated to correct the next possible Fed hike is in June.