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🚨UM Latest Market News Update!
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Introduction📰The US employment data released on Tuesday has increased the likelihood of interest rate cuts by th ...
📰The 🚨ForexUS employment data released on Tuesday has increased the likelihood of interest rate cuts by the end of the year, pushing US stocks higher on Tuesday. According to #JOLTs data, US job vacancies in April fell to the lowest level in three years, amounting to 8.059 million.
Main Highlights:
US job vacancies in April fell to a three-year low, amounting to 8.059 million.
Market Fluctuations
• The Dow Jones Index rose 0.36% to 38,711.1 points
• The S&P 500 Index rose 0.15% to 5,291 points
• The Nasdaq Index rose 0.17% to 16,857 points
Investors are keenly watching Friday’s non-farm payroll report, which will provide more signals regarding the Federal Reserve's potential rate cuts by the end of the year.
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