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Equity Markets Mixed as Traders Parse Job Openings Report
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Equity Markets Mixed as Traders Parse Job Openings Report
Jun 4, 2024 1:04 PM

03:43 PM EDT, 06/04/2024 (MT Newswires) -- US benchmark equity indexes were mixed ahead of Tuesday's close, as markets evaluated official data showing that job openings fell in April to the lowest level in more than three years.

The Nasdaq Composite was down 0.1% at 16,810.9, while the S&P 500 was little changed at 5,282.7. The Dow Jones Industrial Average rose 0.2% to 38,647.7. Among sectors, energy saw the steepest decline, followed by materials, while real estate led the gainers.

Vacancies in the US came in at about 8.06 million as of the last day of April, down from the previous month's downwardly revised 8.36 million print, according to the Bureau of Labor Statistics' Job Openings and Labor Turnover survey. The consensus was for a decline to 8.35 million openings in a survey compiled by Bloomberg.

The US 10-year yield was down seven basis points at 4.33%, while the two-year rate lost 4.8 basis points to 4.77%.

CrowdStrike ( CRWD ) , Hewlett Packard Enterprise ( HPE ) , and Guidewire Software ( GWRE ) are among the companies scheduled to report their latest financial results after the closing bell.

West Texas Intermediate crude oil dropped 1.2% to $73.34 per barrel.

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