Refinitiv Newscasts - Trading at Noon: Stocks up as JOLTS data increases hopes of rate-hike pause

Pfizer

29/08/2023 18:16

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Source: Reuters

Description: Wall Street's main indexes rose in early trade on Tuesday after a
drop in the latest monthly job openings added to hopes of a pause in interest
rate hikes by the U.S. Federal Reserve.The Labor Department's Job Openings and
Labor Turnover Survey (JOLTS), showed the number of job openings stood at
8.827 million in July, falling for the third straight month and signalling
easing labor market pressures.
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