Reported 4 months ago
Stocks slid as oil prices slumped amidst growing concerns about economic growth, with the Dow Jones Industrial Average rising 0.36%, the S&P 500 adding 0.15%, and the Nasdaq climbing 0.17%. The Job Openings and Labor Turnover report showed a decline in unfilled positions to 8.059 million, the lowest in nearly three years, affecting rate traders' bets on a potential Fed rate cut. Additionally, Intel shares rose while Tesla's stock dipped due to concerns regarding chip deliveries, highlighting ongoing market volatility.
Source: YAHOO