The Dow righted the ship today with a solid win, finishing in the black for the third time in the last four sessions. The S&P 500 and Nasdaq joined the blue-chip index in the win column, despite trading flat for most of the day. As Wall Street unpacked encouraging consumer confidence data, all eyes now turn to the revised third-quarter gross domestic product (GDP) reading due out tomorrow
GOLD STAYS HOT, OIL SNAPS SKID
Oil prices rose slightly today to snap a four-day skid. West Texas Intermediate (WTI) added 51 cents, or 0.7%, at $75.37 a barrel.
Meanwhile, gold prices strung together a fourth-straight win, buoyed by a falling dollar and optimism over an ending rate hike cycle from the Fed. As of this writing, gold was up $1.47 to settle at $2,042.00 an ounce.
More By This Author:
Wall Street's Rally Resumes As Consumer Confidence Soars
Stocks Stumble As November Winds Down
Wall Street Slumps As "Fear Gauge" Mounts Comeback
Comments
Log in or sign up to join the conversation.