2023-12-05 21:49:34
A trader on the New York Stock Exchange
The New York Stock Exchange was in disarray on Tuesday, as the number of job openings fell in the United States in October, raising hopes of an end to the cycle of rising interest rates from the Federal Reserve American (Fed).
The number of job openings in the United States fell in October to its lowest level since the start of 2021, a sign of easing in the job market as rising interest rates dampen demand in the economy .
The Dow Jones index lost 0.22%, or -79.88 points, to 36,124.56 points. The broader Standard & Poor’s 500 lost 2.60 points, or 0.06% to 4,567.18 points. The Nasdaq Composite advanced 44.42 points (0.31%) to 14,229.912.
U.S. services sector activity rose in November but new orders remained steady, while a price gauge fell as the lagged effects of rising interest rates begin to take hold more importantly, shows the monthly survey from the Institute for Supply Management (ISM) published Tuesday.
Wall Street’s largest market caps rose as Treasury yields fell to their lowest level in several months. Nvidia, Amazon.com, Tesla and Apple all made gains.
(Paris editorial team)
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