Investing.com - The number of job openings in the U.S. rose more than expected in May, fuelling optimism over the strength of the labor market, official data showed on Tuesday.
In a report, the U.S. Labor Department said that the number of job openings, excluding the farming industry, rose to 4.64 million in May from 4.46 million in April.
Analysts had expected the number of job openings to increase to 4.53 million in May.
Following the release of the data, the U.S. dollar held on to losses against the euro, with EUR/USD easing up 0.05% to trade at 1.3610.
Meanwhile, U.S. stock markets were lower after the open. The Dow dipped 0.65%, the S&P 500 inched down 0.6%, while the Nasdaq dropped 0.8%.