12:04 PM EDT, 10/01/2024 (MT Newswires) -- Wall Street's major market averages were trading lower on Tuesday as oil rallied amid a White House official's statement that the US has indications that Iran is preparing to launch a ballistic missile attack against Israel "imminently."

US job openings rose to 8.04 million in August, according to the Bureau of Labor Statistics, higher than the 7.673 million openings expected in a survey compiled by Bloomberg as of 7:40 am ET and up from the 7.711 million openings reported in July. The August level represents 4.8% of total employment, up from 4.6% in July, but down from 5.6% a year earlier. At the same time, hiring fell to 5.317 million from 5.416 million in July, cutting the hiring rate to 3.3% from 3.4%.

The Institute for Supply Management's US manufacturing index was unchanged in September from the 47.2 reading in August, compared with expectations for an increase to 47.5 reading in a survey compiled by Bloomberg as of 7:40 am ET.

In company news, PepsiCo ( PEP ) said Tuesday that it agreed to acquire Garza Food Ventures, which does business as Siete Foods, for $1.2 billion. The deal is expected to close in the first half of 2025. PepsiCo ( PEP ) shares were up 0.4% in recent trading.

CVS Health ( CVS ) is considering breaking up the company into separate retail pharmacy and insurance units under pressure from investors, Reuters reported Tuesday, citing people familiar with the matter. CVS didn't immediately reply to MT Newswires' request for comment. CVS shares were down 1.6% in recent trading.

Barclays ( JJCTF ) shares fell 2.8% in recent trading after the Commodity Futures Trading Commission said Tuesday that the bank will pay a $4 million penalty for violations of swap reporting rules. The CFTC said it filed an order and simultaneously settled charges against the bank for the breaches. The regulator said that from 2018 through last year, Barclays ( JJCTF ) "failed to correctly report, or failed to timely report, millions of swap transactions." Barclays ( JJCTF ) didn't immediately respond to a request for comment by MT Newswires.

Amazon.com ( AMZN ) won partial dismissal of an antitrust lawsuit for allegedly maintaining illegal monopolies, Reuters reported, saying that details of the ruling by a federal court in Seattle were not immediately clear. The US Federal Trade Commission accused the online retail giant of using anti-competitive tools such as an algorithm that raised prices paid by US households by over $1 billion, in response to which Amazon ( AMZN ) said in court papers that it stopped using the program in 2019, according to Reuters. Amazon ( AMZN ) didn't immediately respond to MT Newswires' request for comment. Amazon ( AMZN ) shares were down 0.8% in recent Tuesday trading.

Tesla (TSLA) gained a bigger market share in Sweden in 2024 despite an ongoing labor conflict affecting the company, Reuters reported Tuesday, citing car sales data from Mobility Sweden. The company sold 16,478 cars in the first nine months of 2024, a 1% increase from the same period in 2023, Reuters said, adding this raised Tesla's market share to 8.5%, up from 7.8% last year. Tesla shares were down by more than 3% in recent trading.

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