📰The US employment data released on Tuesday has increased the likelihood of interest rate cuts by the end of the year, pushing US stocks higher on Tuesday. According to #JOLTs data, US job vacancies in April fell to the lowest level in three years, amounting to 8.059 million.
Main Highlights:
US job vacancies in April fell to a three-year low, amounting to 8.059 million.
Market Fluctuations
• The Dow Jones Index rose 0.36% to 38,711.1 points
• The S&P 500 Index rose 0.15% to 5,291 points
• The Nasdaq Index rose 0.17% to 16,857 points
Investors are keenly watching Friday’s non-farm payroll report, which will provide more signals regarding the Federal Reserve's potential rate cuts by the end of the year.
Trading involves significant risks, and losses may exceed your deposits.
#MarketNews #Trading #TradingPlatform #MarketHighlights #USEconomy #USStocks #Indices #NonFarmPayroll #FederalReserve #USStockIndices #ultimamarkets
