(New York) The New York Stock Exchange opened lower on Tuesday after a hesitant start to June, while awaiting news from the labor market in the United States.

The Dow Jones index lost 0.04%, the NASDAQ lost 0.33% and the broader S index

The day before the indices had ended without a clear direction, shaken by a disappointing manufacturing activity indicator.

The Dow Jones lost 0.30% to 38,571.03 points. The NASDAQ gained 0.56% to 16,828.67 points and the S

“Investors are waiting for more data that could increase concerns about the health of the economy,” said Art Hogan of B. Riley Wealth Management.  

“After Monday’s figures showed that factory production slowed, attention now turns to a report that is expected to indicate a monthly decline in job openings,” he said, referring to the JOLTS survey of the Ministry of Labor on job offers.

Analysts expect 8.4 million offers instead of 8.5 million last month for this index published in the morning.

These data will precede the monthly ADP private sector employment survey on Wednesday and especially the official employment figures for May on Friday.

The weakness of manufacturing activity, which contracted for the second month in a row, according to the ISM survey published on Monday, has however given some impetus to bonds whose prices rise when yields fall.  

Thus, the ten-year rate fell to 4.35% against 4.38% the day before.

On the stock side, online bank Axos Bank was tumbling 13.02% around 9:40 a.m. ET as a brief report from short-selling fund Hindenburg Research, which is betting on the downside on Axos, suggests that the establishment is very exposed to risky assets such as commercial real estate loans.

A host of banks were swept away by this current such as Western Alliance Bank Corporation (-1.31%), Custormers Bancorp (-1.12%), BankUnited (-1.71%).

Among large institutions, Bank America lost 0.28%, Citigroup 0.87%.

Nine of the eleven sectors of the S

Only real estate (0.14%), thanks to a slight drop in bond rates, and consumer goods (0.17%) remained slightly in the green.

The action of the entertainment group Paramount Global, which owns the American channels CBS and MTV, returned a little (-1.99%) of what it had gained the day before. On Monday, CNBC reported that Paramount’s controlling shareholder, Shari Redstone, has reached an agreement with the studio Skydance Media, which will merge the two entities.

Perceived as the smallest of the big players in television and streaming, Paramount Global has been the object of desire for many months.

Shares of highly speculative video game retailer GameStop fell nearly 9% after being catapulted 21% the day before by a message from stock market pundit Keith Gill called “Roaring Kitty,” which sparked the meme stock movement.

According to the Wall Street Journal, the online brokerage platform E Trade, owned by Morgan Stanley, is reportedly trying to ban “Roaring Kitty” from the platform, accusing her of stock manipulation.