
The S&P 500 Index ($SPX) (SPY) Tuesday closed up +0.15%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.36%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.29%.
On Tuesday, stocks recovered early losses and posted moderate gains as bond yields tumbled after job openings in the US fell more than expected in April. The Apr JOLTS job openings fell more than expected to a 3-year low, which knocked the 10-year T-note yield to a 2-week low and bolsters expectations that the Fed will be able to cut interest rates sooner rather than later.