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6/8, 12:19 PM (Source: TeleTrader)
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US shares mixed as admin vows to tackle trade abuse

Major stock indexes in the United States traded mixed in the premarket on Tuesday as the Nasdaq 100 turned to gains, while the S&P 500 went red. Earlier in the day, the Biden administration announced the formation of a task force to combat "unfair foreign trade practices." Meanwhile, Tesla Inc. recorded a 29% increase in sales in China in May compared to the previous month, with the company gaining over 2% in premarket trade.

The Dow Jones was down 0.31% at 6:17 am ET. The Nasdaq 100 was up 0.06% at 6:18 am ET, while the S&P 500 dropped 0.12% at the same time.

The euro traded 0.11% lower compared to the dollar and sold for 1.21766 at 6:20 am ET.

Breaking the News / DJ