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Summary
Stocks fell sharply on Tuesday morning amid continued interest rate concerns as investors weighed hawkish comments from Fed officials and stronger-than-expected employment data. The Labor Department, in its monthly JOLTS report, said that U.S. job openings rose by 690,000 to 9.61 million on the last day of August, above the Reuters consensus forecast of 8.8 million. The Dow fell 1.0%, the S&P 1.2%, and the Nasdaq 1.4%. Crude oil rose slightly to $89 per barrel, while gold traded near $1842 per ounce.
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