US stocks tilt lower in first session of June

Most of the US stock indices tilted lower on Monday, in the first session of June, as markets focus on the coronavirus latest developments and the escalation of the US-China tensions.

Following Washington's criticism and sanctions China, in addition to waving the tariffs card, reports cited that Beijing has ordered its state-owned companies to stop importing some US farm goods.

This came after Chinese government implemented the new Hong Kong's national security legislation, which was met by the US ending its special relationship with Hong Kong in trade, economy and politics.

Despite a lower rate of daily coronavirus deaths in the US, officials are still worried that the crisis has not receded yet.

As for stocks, Dow Jones slipped less than 0.1% or 12 points to 25,370 as of 14:00 GMT, and S&P 500 fell less than 0.1% or 3 points to 3,041, while Nasdaq rose 0.1% or 18 points to 9,508.