All three major indexes managed to log a session win, as the Dow and S&P 500 each snapped a six-day losing streak. The tech-heavy Nasdaq managed a second consecutive day in the black, while investors kept an eye on the now retreating 10-year Treasury yield, following its Tuesday surge above 4%. Moving against the grain today was Apple (AAPL), which suffered a notable pullback after adjusting production output for its iPhone 14 model.

The Dow Jones Average (DJI - 29,683.74) jumped 548.8 points or 1.9% for the session. Home Depot (HD) led the winners with a 5% rise, while AAPL was the only loser, suffering a 1.3% drop.

The S&P 500 Index (SPX - 3,719.04) climbed 71.8 points, or 2%, while the Nasdaq Composite (IXIC - 11,051.64) added 222.1 points, or 2.1%. 

Lastly, the Cboe Volatility Index (VIX - 30.18) shed 2.4 points, or 7.4%, today.

OIL, GOLD CONTINUE CLIMB

As output slowed due to the approach of Hurricane Ian in the Gulf of Mexico, oil settled the session higher. November-dated West Texas Intermediate (WTI) crude rose $3.65, or 4.7%, to settle at $82.15 a barrel.  

Gold managed to hit a nearly one-week peak, as both the 10-year Treasury yield and greenback inched lower. December-dated gold climbed $33.80, or 2.1%, to settle at $1,670 per ounce. 

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