The Stock Market fluctuated on Tuesday after the Dow Jones Industrial Average and the S&P 500 both closed at record highs in the prior session as strong economic data boosted hopes of a smooth recovery.
The blue-chip Dow dipped 20 points, while the S&P 500 inched up 0.1%. The tech-heavy Nasdaq Composite traded 0.2% higher.
Shares of airlines and cruise lines continued their recent gains. United Airlines gained 1.6%, while Delta rose 2.7%. Carnival, Norwegian Cruise Line and Royal Caribbean all traded in the green.
The Labor Department said Tuesday U.S. job openings rose 268,000 to 7.4 million on the last day of February, according to its monthly Job Openings and Labor Turnover Survey, or JOLTS report. Economists polled by Dow Jones were expecting a total of 7 million.
This came after Friday’s blowout jobs report and a surge in the gauge of services industry activity showed the economic rebound which pleased the stock market.(CNBC)
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