Major stock markets in the United States tumbled on Tuesday as the number of job openings declined below 10 million in today's update, landing at the lowest level in nearly two years and signaling the hot labor market might be starting to slow. Investors were also concerned about the recent spikes in oil prices and their effects on global economic activity.
The Dow Jones plunged 0.59% or 198 points at the closing bell, as Caterpillar Inc. sank 5.40%. The Nasdaq 100 decreased by 0.37%, with Micron Technology diving 3.93%. The S&P 500 lost 0.58%, led by Steel Dynamics' 8.73% decline. The euro added 0.54% to sell for 1.09576 at 3:57 pm ET, hovering around highs from early February.
