Big Tech, Meta Earnings Send Stocks Surging
Facebook parent Meta Platforms (META) was all the rage after earnings, sending Big Tech, and subsequently the broader market, surging for Thursday's trading. Gains even came despite a disappointing gross domestic product (GDP) report, with the Dow and S&P 500 logging their best daily performances since January. Heading into Friday, the indexes are eyeing a breakeven weekly performance.
GOLD STAYS BELOW KEY LEVEL DESPITE DAILY WIN
Black gold prices settled higher today, with June-dated crude adding 46 cents, or 0.6%, to close at $74.76 per barrel.
Gold prices posted another gain, but stayed just below the $2,000 level after today's GDP report. For the day the June-dated commodity rose $3 or 0.2%, to settle at $1,999 an ounce.
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