U.S. stocks closed more than 1.5 percent lower Tuesday, pressured by a surge in the dollar and some weakness in oil. In U.S. economic news, job openings for January at 5 million were the highest level in 14 years, the U.S. Bureau of Labor Statistics said. Wholesale inventories for January rose 0.3 percent, beating expectations for contraction. The National Federation of Independent Business' small business index for February was an encouraging 98.0, little changed from January's 97.9 but above the key level of 96 that Hogan recommended as a benchmark. The dollar advanced more than 1 percent to 12-year highs as the euro fell below $1.07 for the first time in 12 years on the beginning of quantitative easing in the euro zone. Light sweet crude oil for April delivery dropped $1.71 to $48.29 a barrel on the New York Mercantile Exchange, while gold futures fell $1,160.10 an ounce, their lowest level since November 2014. The Dow Jones industrial average declined 332.78, or 1.85 percent, to 17,662.94. The broader Standard & Poor's 500 index slipped 35.27, or 1.70 percent, to 2,044.16. The technology-heavy Nasdaq composite index dropped 82.64, or 1.67 percent, to 4,859.79.