U.S. equities took a breather on Tuesday, stabilizing after Monday's sharp rally as investors awaited a House vote on the temporary spending bill expected to end the record-long government shutdown later this week.

Trading was more subdued across major indexes, with the Dow Jones Industrial Average outperforming thanks to strength in healthcare, consumer staples, and energy shares, while the S&P 500 and Nasdaq 100 slipped modestly as tech stocks eased.

Fresh labor data from ADP showed an average of 11,250 job losses per week in October, echoing recent private reports pointing to a cooling employment landscape.

Tech sentiment remained fragile amid renewed doubts over lofty AI valuations. Investors grew cautious after SoftBank disclosed it had sold its entire $5.8 billion stake in Nvidia Corp. (NASDAQ:NVDA) to redeploy funds into OpenAI. Nvidia ...