US Stock Market Today: S&P 500, Dow Jones Open Little Changed; Nasdaq Down

The US stock market opened little changed on Tuesday with two main indices flat after touching record highs in the prior session.

The 30-stock Dow Jones Industrial Average opened 12 points, or 0.03% lower, at 44,770, while the tech-heavy Nasdaq Composite fell 0.3% to trade near 19,340.

The broader index, S&P 500, was flat near 6,043. Four out of the eleven sectoral indices were trading in the green, led by telecom and communication services and utilities. On the other hand, consumer staples and industrials saw a decline.

Shares of artificial intelligence server maker Super Micro Computer Inc jumped 4%, continuing its upwards tear.

Both the S&P 500 and Nasdaq hit record highs on Monday, adding to their strong post-election gains.

Investors were awaiting the October job openings report on Tuesday, marking the first in a series of data releases this week aimed at providing insights into the strength of the labour market. The Wall Street is expected to keenly track the release of November payrolls report on Wednesday.

The yield on the US 10-year Treasury bond was flat at 4.18%.

The American currency wavered as the Dollar Index fell 0.2% to 106.11. The Euro rose 0.2% against the greenback, while the British pound was up 0.06%. The Japanese yen gained 0.6% to 148.7 per dollar.

In commodities, spot gold gained 0.5% to trade at $2,653.3 an ounce.

Brent crude, the global oil benchmark, gained 1.9% to move past $73 per barrel ahead of an OPEC+ meeting that is expected to approve continued output cuts, while a fragile ceasefire between Israel and Lebanon provided additional support.