Dow Bounces Back In Style With Record Close

Wall Street revved higher Thursday after investors unpacked a deluge of economic data and earnings reports. Today's gains across the board helped stocks recover some of yesterday's steep losses that followed the Federal Reserve's rather hawkish rate cut updates. The Dow added more than 370 points for a record close, while the Nasdaq turned in a triple-digit win of its own, and the S&P 500 finished firmly in the black.

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OIL FALLS ON POTENTIAL ISRAEL-HAMAS CEASEFIRE 

Oil turned in a loss, after speculation arose that a ceasefire agreement between Israel and Hamas may be on the table. For the session, March-dated West Texas Intermediate Crude (WTI) fell $2.03, or 2.7%, to finish at $73.82 per barrel.

Gold futures moved slightly higher, with April-dated gold adding $3.7, or 0.2%, to settle at at $2,067.10 for the session. Bullion prices were boosted by today's jobs data report.


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