The S&P 500 Index ticked higher to a record close on Tuesday as market participants looked ahead towards more key economic reports later in the week. The broader market index rose 0.05% to close at 6,049.98 for the first time, while the Dow Jones Industrial Average slipped over 75 points lower and the Nasdaq Composite added 0.4%.

Here's how the market settled on Tuesday:

S&P 500 Index (SPY  ): +0.05% or +2.73 points to 6,049.98

Dow Jones Industrial Average (DIA  ): -0.17% or -76.47 points to 44,705.53

Nasdaq Composite Index (QQQ  ): +0.40% or +76.96 points to 19,480.91

Moving Markets:

Job Openings rose in October as payrolls growth slipped to its lowest level in nearly four years, the Bureau of Labor Statistics reported Tuesday.

Available jobs totaled 7.74 million last month, increasing by 372,000 from September's total and coming in above analyst estimates, the Job Openings and Labor Turnover Survey (JOLTS) showed. The rate of openings as a share of the labor force also rose to 4.6% from 4.4% in September.

Meanwhile, hiring totaled 5.31 million in October, falling by 269,000 month-over-month, to bring the hiring rate down 0.2 percentage point to 3.3%.

On the Earnings Front:

Zscaler (ZS  ) reported better-than-expected fiscal first-quarter earnings late Monday. However, the IT software provider issued disappointing fiscal second-quarter guidance, expecting earnings per share between $0.68 and $0.69 on revenue in a range of $633 million to $635 million -- both coming roughly in-line with analyst estimates.

For its full year, Zscaler expects earnings per share between $2.94 to $2.99 on revenue in a range of $2.62 billion to $2.64 billion.

"Growing customer engagements and strong sales execution drove a solid Q1 with all metrics exceeding our guidance. The combination of Zero Trust and AI is creating exciting new opportunities, which we are well positioned to capture with our large and expanding platform," said CEO Jay Chaudhry in a release. "With our customer obsession, the world's largest cybersecurity cloud, and an upleveled go-to-market machine, we are driving strong growth."

In the News:

AT&T (T  ) announced its three-year vision for its business as it expands its 5G and fiber services across the United States on Tuesday. The company expects its free cash flow to raise above $18 billion in 2027, as it works to double its fiber internet availability to reach more than 50 million locations by 2029.

Bernstein analyst David Vernon downgraded FedEx (FDX  ) shares to Market Perform from Outperform on Tuesday and lowered the firm's price target to $316 per share from its previous $337, implying about 7% upside from Monday's close.

"Longer-term we still see value in the stock, but adding at these levels ahead of increasing execution, event, and policy risk seems difficult to defend," Vernon wrote in a Tuesday note to clients. "We're taking a tactical pause and lowering our rating ahead of a widely expected reset in the near-term guidance framework / uncertainty around meeting high LTL freight spinoff expectations."

For Wednesday:

Wall Street will focus on ADP's employment report for November on Wednesday for more insight on the health of the U.S. economy, alongside afternoon remarks from Federal Reserve Chair Jerome Powell. Earnings reports from companies including Salesforce (CRM  ), Marvell Technology (MRVL  ), Dollar Tree (DLTR  ) and Chewy (CHEY  ) are also due.