April 4 (Reuters) - The S&P 500 and the Nasdaq gained on
Tuesday as a higher-than-expected fall in U.S. job openings and
factory orders during the month of February supported hopes that
the Federal Reserve may go easy on future interest rate hikes.
According to the Labor Department, job openings fell to 9.9
million in February against economists' projections of 10.4
million.
Further, factory orders decreased 0.7% in February, higher
than economists' projections of a 0.5% decrease.
At 10:07 a.m. ET, the Dow Jones Industrial Average was down 31.04 points, or 0.09%, at 33,570.11, the S&P 500 was up 2.75 points, or 0.07%, at 4,127.26, and the Nasdaq
Composite was up 16.54 points, or 0.14%, at 12,205.99.
(Reporting by Ankika Biswas in Bengaluru; Editing by Shounak
Dasgupta)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.