US stocks fluctuated on Tuesday, with the three major averages hovering near the flatline as traders digested a sharp downward revision to payroll figures. The economy added 911,000 fewer jobs in the year through March 2025 than initially estimated, signaling that labor market cooling has been underway for some time and compounding last month’s slowdown. The data bolstered expectations for a Fed rate cut next week, but also fueled concerns of a deeper-than-expected labor market deterioration that, alongside stubborn inflation, could pose major challenges for the economy. Inflation data will remain in focus this week, with both CPI and PPI reports due. Energy led sector gains, while materials lagged. Among megacaps, Meta (+1.3%) and Alphabet (+1.1%) advanced, while Apple slipped 0.7% ahead of its flagship product launch event.