VWO - Asia Mixed While Europe Markets Advance; Crude And Gold Show Minor Gains - Global Markets Today While US Slept | Benzinga
On Tuesday, June 4th, U.S. stock markets closed higher, with main indexes rebounding from early losses as weak labor market data, including a three-year low in job openings, fueled expectations for a Federal Reserve rate cut.
Economic data showed U.S. factory orders rose 0.7% to $588.2 billion in April, while job openings decreased by 296,000 to 8.059 million for the same month.
Most S&P 500 sectors ended higher, led by gains in real estate, consumer staples, and information technology stocks, while materials and energy stocks closed lower.
The Dow Jones Industrial Average was up 0.36% and closed at 38,711.29. The S&P 500 gained 0.15%, ending the day at 5,291.34, and the Nasdaq Composite rose ...