Stock Market Reaches New Heights Amid Surprising Job Data and Fed Signals

Reported about 22 hours ago

US stock markets closed mixed on Tuesday, with the S&P 500 and Nasdaq Composite reaching record highs after job openings spiked unexpectedly and Federal Reserve officials indicated potential interest rate cuts. The Dow Jones Industrial Average declined slightly. Job openings for October surged to 7.74 million, exceeding expectations, while the quits rate rose to 2.1%. Analysts now predict a higher likelihood of a rate cut at the Fed's December meeting.

Source: YAHOO

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