Stocks finished their relatively modest trading day flat, as all eyes locked in on tomorrow's start to the Fed's two-day policy meeting. A 10-1 stock split with semiconductor sweetheart Nvidia (NVDA) wasn't enough to keep the tech-heavy Nasdaq from avoiding a third-straight loss. On the flip side, the stock market's "fear gauge," or Cboe Volatility Index (VIX), snapped a three-day losing streak.
GOLD, OIL SPORT MODEST WINS
On the back of hope for stronger energy demand, July-dated West Intermediate (WTI) crude tacked on $2.21, or 2.9%, to close at $77.74 per barrel, black gold's best single-session pop since February.
Following Friday's steep fall, gold managed to recover its inflation-driven losses. The June-dated commodity closed up 0.2%, to settle at $2,328.50 an ounce.
More By This Author:
Wall Street On The Sidelines Ahead Of Fed Meeting
Stocks Shrug Off Feeble Friday, Secure Weekly Wins
Stocks Choppy As 'Higher for Longer' Fed Rhetoric Weighs
Comments
Log in or sign up to join the conversation.