Job openings, a measure of labor demand, rose 232,000 to 7.740 million on the last day of January, the Labor Department’s Bureau of Labor Statistics said in its Job Openings and Labor Turnover Survey.
Read More US job openings increase in January; layoffs decline
Investment banks and asset managers have wildly varying stock market and currency calls for 2024, reflecting deep division over whether the U.S. economy will enter a long-heralded recession.
Read More Market bets for 2024 thrown into chaos by US recession conundrum
Oil prices tanked as OPEC+ producers unexpectedly delayed a meeting on output, raising questions about the future course of crude production cuts.
Read More Oil tumbles 4% as OPEC+ meeting delayed
The recent rally that has lifted U.S. stocks and bonds is more of a year-end rebound than a turning point, according to big money managers.
Read More Big investors say US markets rally could prove short-lived