U.S. stock-index futures were sliding lower early Tuesday as investors awaited a congressional hearing featuring Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin that could provide more investor guidance about the government’s economic response to rising coronavirus cases.
Tuesday marks the final day of the month, quarter and first half of the year, which may lead to some choppiness as investors make last-minute changes to their portfolios, and as investors continue to monitor COVID-19 developments, experts say.