The S&P 500 slipped 0.3% to 5,447.87 on Monday. Despite seven out of every 10 stocks in the index rising, declines in a handful of high-profile stocks, including Nvidia's 6.7% tumble, offset the gains.
The Nikkei 225 surged 1% to 39,190.97 on Tuesday, following data from the Bank of Japan showing the services producer price index in May was up 2.5% compared to the same period last year, a slowdown from the 2.7% increase seen in April.
The Japanese yen has recently weakened against the US dollar, reaching its weakest level in approximately 34 years. The US dollar to Japanese yen exchange rate currently trades around 159.41 yen to the dollar. This comes amid a focus on the struggling yen and its potential impact on the global economy.