Wall Street's main indexes slipped on Tuesday, weighed down by technology stocks after a batch of upbeat economic data stoked uncertainty among investors about the pace of monetary policy easing that the Federal Reserve could pursue this year.
A Labor Department report showed job openings stood at 8.098 million in November, compared with 7.7 million economists polled by Reuters were expecting.
Separately, an ISM survey showed services activity for December stood in expansion territory at 54.1, compared with expectations of 53.3. The index also ticked higher from the previous month's figure.
Signs of continued resilience in the economy has pushed back expectations on when the central bank can deliver its first interest rate cut this year, with traders betting on the move to come in June, according to the CME Group's FedWatch tool.
Nasdaq down 1.5%. Nvidia fell 5.4%; Tesla fell 5%; Meta fell 3%; Amazon fell 2%.
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