US close: Dow Jones reverses Monday's losses
(Sharecast News) - Wall Street stocks closed higher on Tuesday as traders shrugged off disappointing manufacturing data from the previous session and cheered falling bond yields.
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(Sharecast News) - Wall Street stocks closed higher on Tuesday as traders shrugged off disappointing manufacturing data from the previous session and cheered falling bond yields.
US job openings fall to lowest in more than three years; Indexes up: Dow 0.36 per cent, S&P 0.15 per cent, Nasdaq 0.17 per cent.
The main indexes gained ground Tuesday after data showed job openings fell to a three-year low in April.
Two of the top three best-performing stocks on the S&P 500 in May came from utility and communication sectors, while the other was a retailer.
Leading cryptocurrencies edged higher as investors' expectations of interest rate cuts spurred investments in risk-on markets.