December has been off to a volatile start to say the least, with Monday's steep pullback countered by today's rebound in Bitcoin (BTC). The crypto staple added over 6%, pushing back above $90,000, while broader tech stocks bounced back as well. The Dow and Nasdaq both logged triple-digit gains, while the S&P 500 eked out a small win of its own. Looking ahead, all eyes will be November's ADP employment report tomorrow.
GOLD PULLS BACK AMID PROFIT TAKING
Oversupply concerns and Ukraine's Russian drone attacks worried crude traders, pushing oil futures lower for the session. January-dated West Texas Intermediate (WTI) crude shed 16 cents, or 0.3%, to close at $59.16 per barrel.
Profit taking hit safe havens, just one day after gold futures tapped a six-week high. February-dated gold futures fell 1.7% to settle at $4,203 per ounce.
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