The major indexes extended their shaky trading, with the blue-chip index logging its fourth-straight daily gain. Recession fears ahead of tomorrow's March inflation reading pushed the Nasdaq and S&P 500 lower after both struggled for direction most of the day. CarMax (KMX) made noise after earnings as well, while oil snuck back above its round $80 mark.
OIL CLEARS MULTI-MONTH PEAK
Oil closed at a multi-month high following yesterday's lackluster performance and traders eye tomorrow's data release. For the session, May-dated crude added $1.79, or 2.2%, to close at $81.53 per barrel -- its highest mark since Jan. 23.
For a sixth-straight day gold finished above the $2,000 mark, following a supportive U.S. dollar. June-dated gold still tacked on $15.20 or 0.8%, to settle at $2,019 an ounce today.
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