JOLTs Job Openings Rise To 7.391 Million; SP500 Tests Session Highs

On June 3, 2025, the U.S. released JOLTs Job Openings report for April. The report indicated that JOLTs Job Openings increased from 7.20 million in March to 7.391 million in April, compared to analyst forecast of 7.10 million.

The report showed that the job market remained in decent shape in April despite tariff turmoil. Analysts expected that tariff uncertainty would put some pressure on the job market.

Today, traders also had a chance to take a look at the Factory Orders report for April. The report indicated that Factory Orders decreased by -3.7% on a month-over-month basis, compared to analyst forecast of -3%.

U.S. Dollar Index tested session highs after the release of the better-than-expected JOLTs Job Openings report. Currently, U.S. Dollar Index is trying to settle above the 99.30 level.

Gold markets tested session lows as traders focused on job market data. Stronger dollar and rising Treasury yields put pressure on precious metals. Profit-taking serves as an additional bearish catalyst for gold in today’s trading session.

SP500 made an attempt to settle above the 5940 level as traders reacted to the report. It remains to be seen whether job market data will provide sufficient support to stocks as traders are cautious after the strong rebound from April lows.

For a look at all of today’s economic events, check out our economic calendar.