- The rally in global shares paused Tuesday in quiet trading as US markets were shut for a holiday.
- The benchmark STOXX 600 index for Europe increased marginally on trading activity that was a quarter lower than the 30-day average.
- Asia's Nikkei 225 index had a decline from its highest point since 1990.
- There’s no cash trading in US equities and Treasuries due to the Independence Day holiday. Futures on the S&P 500 and the Nasdaq 100 were little changed.
- By the end of June, investors had piled into bullish bets on US stock futures, making positioning appear "extremely long" and increasing the likelihood of a pullback, according to strategists at Citi The Nikkei is viewed as having the extended market overall.
