Wall Street struggled for direction on Tuesday as investors weighed receding concerns about a banking crisis, while Treasury yields rose amid focus on Federal Reserve's interest rate trajectory.
in March, with the index rising to 104.2 this month from a reading of 103.4 in February but Americans are becoming a bit anxious about the labor market, Conference Board's survey showed on Tuesday.
Advancing issues outnumbered decliners by a 1.94-to-1 ratio on the NYSE, while decliners outnumbered advancers by a 1.05-to-1 ratio on the Nasdaq. The S&P index recorded six new 52-week highs and no new low, while the Nasdaq recorded 25 new highs and 86 new lows. Reporting by Shubham Batra, Amruta Khandekar, Sruthi Shankar and Shashwat Chauhan in Bengaluru; Editing by Savio D'Souza and Vinay Dwivedi
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