The USA500 is currently trading below 5,970 levels.
U.S. stocks tumbled on Tuesday after better than expected economic data came out of the US, prompting inflationary fears and a consequential response from the FED - either delaying or outright canceling interest rate cuts for the year 2025.
The S&P 500 fell -1.11%, the Dow was down -0.42% and the Nasdaq decreased -0.60%.