On Tuesday, October 3, the U.S. markets closed in the red, impacted by rising Treasury yields and the absence of an imminent Federal Reserve interest rate cut.
Job openings in August increased by 690,000 from the previous month to a total of 9.61 million, surpassing the market’s expectation of 8.8 million.
All sectors in the S&P 500, except utilities, experienced a decline, with consumer discretionary and technology leading the downturn.
The Dow Jones Industrial Average closed lower by 1.29% at 33,002.38. The S&P 500 decreased 1.37%, settling at 4,229.45, while the Nasdaq Composite slid 1.87% to ...