NEW YORK, July 5 (UPI) -- U.S. markets closed flat Tuesday as Moody's Investors Service downgraded Portugal's debt to junk status with a negative outlook.
The U.S. Census Bureau said factory orders rose 0.8 percent in May, just under expectations. Investors on the first full business week of the month, however, are waiting for critical employment situation reports -- a private report due Wednesday and a government report due Friday.