Sellers took back the reins during Tuesday’s session in the S&P 500 index futures, but it still remains in its recent consolidation range around the 6000 area.

Overnight, bears hammered the index as tensions flared, sparked by a Trump post urging Tehran’s evacuation. May’s retail sales data, weaker than expected at 8:30 AM ET, jolted premarket volatility, though dip-buyers swooped in by the regular session’s start. Off the bell, buyers clawed back some losses, starting to near Monday’s close, but reports of Trump eyeing an Iran strike helped the bears unleash a sell-off to new daily lows after lunch.

Bulls dug in during the afternoon, finding support in the 6030s for the final two hours. The session then concluded with more selling than buying, landing the close near the day’s low at 6038.50, down 51.25 handles. 

Tomorrow, traders eye the latest FOMC rate decision at 2:00 PM ET and the following press conference at 2:30 PM ET. For Blu Putnam’s controversial prediction on the Fed decision, read more here.

There were no winners among top components, therefore Microsoft Corp (NASDAQ: MSFT) emerged as the smallest loser, slipping a mere $1.10 or 0.23% to $478.04, still near all-time highs.

That modest dip outpaced the cash index’s 0.85% drop by a small margin.

On the flip side, Tesla Inc (NASDAQ: TSLA) took the heaviest blow, dropping $12.80 or 3.90% to $316.28, the day’s biggest loser among top components.