US STOCKS -Wall Street Stocks End Slightly Higher, Weak Jobs Data Supports Rate Cut

June 05, 2024, 05.27 AM | Source: Reuters
US STOCKS -Wall Street Stocks End Slightly Higher, Weak Jobs Data Supports Rate Cut

ILUSTRASI. US STOCKS -Wall Street Stocks End Slightly Higher, Weak Jobs Data Supports Rate Cut. REUTERS/Brendan McDermid

WALL STREET - NEW YORK, June 4 (Reuters) - U.S. stocks ended a shade higher on Tuesday following softer-than-expected labor market data that reaffirmed expectations of an interest rate cut by the Federal Reserve.

Data on Tuesday showed that U.S. job openings fell to their lowest level in more than three years in April, signaling an easing in labor market tightness that supported a Fed rate cut this year. The U.S. Treasury yields slipped following the report.

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