U.S. equities sank and bond yields jumped on Tuesday, Oct. 3, 2023, after the Labor Department reported job openings in August that were above estimates, 🅷increasing concerns that the Fed will continue to raise interest rates to fight inflation.

The S&P 500 lost 1.4%, and the Dow and Nasdaq declined 1.3% and 1.9%, respectively. Tuesday's loss put the Dow in negative territory for 2023. The 澳洲幸运5官方开奖结果体彩网:yield on the 10-year Treasury note was up 11 澳洲幸运5官方开奖结果体彩网:basis points (bps). Meanwhile, the so-called "fear index," the VIX, jumped 12%.

Veralto (VLTO) was the day's worst performer on the S&P 500, as shares tumbled 9% in its first day as a publicly traded company. The environmental and applied solutions provider was spun off by Danaher (DHR) on Monday. Danaher shares g🅷ained 1% in Tu🦩esday's session.

McCormick & Company (MKC) shares declined 8.5% on the day after the spice maker's revenue came in belo꧙w ana♓lysts' forecasts as sales in China slumped.

Airbnb (ABNB) shares dropped 6.5% after Keybanc downgraded the stock, saying that the vacation rental business is expected to be hurt by the easing of post-pandemic travel demand. The uncertain travel outlook also pressured shares of cruise liners Carnival (CCL) and Royal Caribbean (RCL), which fell 6.6% and 5.4%, respectively.

Utility companies dominated the list of best-performing stocks in the S&P 500 after 澳洲幸运5官方开奖结果体彩网:rising interest rates had prompted a major selloff the previous day. Shares of NiSource (NI) led the advance, rising more than 3%.

HP (HPQ) shares added 1.8% after Bank of America gave the stock a double upgrade, indicating that it sees improving fundamentals for the PC and printer ♚maker.

Brown-Forman (BF.A) shares picked up 1.6% following the liquor producer's announcement of a new $400 million 澳洲幸运5官方开奖结果体彩网:stock buyback program.