Markets Wrap: US job openings unexpectedly rise; Uniphar extends Iseq gains

Hotter-than-estimated reading on the labour market has damped hopes of a rate cut a day before the Federal Reserve releases its decision

Hopes of an early interest rate cut were dampened on Tuesday as US job openings unexpectedly rose, however while other markets struggled the Iseq continued to tick up thanks to strong performance from Uniphar after its results.

US job vacancies increased to 9 million, the highest level in three months and far exceeding estimates, according to the Bureau of Labor Statistics Job Openings and Labor Turnover Survey. While the data isn’t seen as influential as ...