Dow, Nasdaq Bag Triple Digit Wins As Tech Makes A Comeback

Stocks rallied as the VIX fell for a fourth day, while gold futures dropped back below the $4,000 mark.

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Stocks rose across the board today, as investors bought back into a volatile tech sector. The Dow and Nasdaq gained 254 and 400 points apiece, while the S&P 500 finished modestly higher as well. With the bond market closed for the Veteran's Day holiday, Wall Street instead focused on CoreWeave (CRWV) earnings and mortgage rates rising for the first time in four weeks. Elsewhere, the Cboe Volatility Index (VIX) fell for the fourth-straight day.

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Gold Back Below $4,000

Oil prices finished modestly higher today, as hostilities resume in the Middle East. December-dated West Texas Intermediate (WTI) shed 0.7% close at $86.63. 

December-dated gold futures fell 0.7% to settle at $3,992 per ⁠ounce, breaching $4,000 for the first time in over a week.

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