US markets end higher on Tuesday

U.S. employers posted 7.6 million job vacancies in April, up from 6.9 million in March and most since May 2024US markets end higher on Tuesday – Latest News


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03 Jun 2026
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U.S. markets ended modestly higher on Tuesday as AI-driven optimism supported markets, while Middle East tensions and rising oil prices capped gains. Traders took support with the Job Openings and Labor Turnover Survey (JOLTS) report showed that U.S. job openings jumped in April as the labor market looked resilient despite economic uncertainty caused by the Iran war. U.S. employers posted 7.6 million job vacancies in April, up from 6.9 million in March and most since May 2024. On the sectoral front, semiconductor stocks turned in some of the market’s best performances on the day, with the Philadelphia Semiconductor Index spiking by 4.5 percent to a record intraday high. Substantial strength was also visible among computer hardware stocks, as reflected by the 3.6 percent surge by the NYSE Arca Computer Hardware Index. Steel, oil service and banking stocks are also witnessed strong buying interest, while software and biotechnology stocks are pulling back sharply.

Dow Jones Industrial Average gained 228.91 points or 0.45 percent to 51,307.79, Nasdaq increased 7.09 points or 0.03 percent to 27,093.90 and S&P 500 rose 9.82 points or 0.13 percent to 7,609.78.


 

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