Disney, Inflation Send Major Indexes To Fresh Daily Wins
The major indexes enjoyed a win after two days of losses, driving higher on the heels of lighter-than-expected inflation data, while the Dow enjoyed a modest post-earnings jump from Walt Disney (DIS). The S&P 500 closed flat and the Nasdaq posted a session win, after July consumer data came in at an annual 3.2% lift.
GOLD SETTLES FLAT AS BOND YIELDS RISE
Crude prices cooled from Wednesdays gains after a quiet session. September-dated oil shed $1.58, or 1.9%, to settle at $82.82 per barrel.
Increasing bond yields and a solid dollar had gold brushing off earlier inflation data. December-dated gold lost $1.70, or nearly breakeven, to settle at $1,948.90 an ounce.
More By This Author:
Mild Inflation Data, Walt Disney Stock Giving Dow A Boost
Major Indexes Settle Volatile Day Lower
Stocks Turn Lower; Dow, Nasdaq Drop Triple Digits