Foxconn Zhengzhou Plant Can See 50% Output Fall Due to Worker Issues

The S&P 500 settled higher on Tuesday, as investors assessed the recent economic reports. Sales of new single-family houses in the U.S. surged 12.2% month-over-month to an annualised rate of 763,000 in May. U.S. durable goods orders rose 1.7% month-over-month in May versus a revised 1.2% growth in April and easily topping market estimates of a 1% drop.