6/22, 10:30 AM (Source: TeleTrader)
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US shares flat to lower premarket after rally

Shares on Wall Street were flat to lower during early premarket trading on Tuesday following yesterday's sharp rally.

Traders were awaiting economic data reports from the US, including existing home sales, while Federal Reserve Chairman Jerome Powell was set to testify before the House of Representatives on the central bank’s pandemic response.

The Dow Jones was flat at 4:25 am ET. Meanwhile, the S&P 500 declined 0.09% as the Nasdaq 100 fell 0.28%. The euro was down 0.20% against the dollar at 4:30 am ET, buying 1.18954.

Breaking the News / JC