Government bond yields were little changed early Tuesday as investors awaited economic updates in coming sessions, including a second-quarter GDP report on Thursday and Friday’s PCE inflation data.
Shares of sportscar maker Porsche slumped on Tuesday after a profit warning, which the group blamed on a supply shortage of specialist aluminum alloys.
Workers at a key Amazon.com Inc. air-shipping hub in Southern California walked off the job over the weekend, the Teamsters union said Monday, in response to what the group said was retaliation from the online retailer against workers for organizing.