Dow Captures Record Close
The Dow extended gains on Tuesday thanks to several upbeat blue-chip earnings reports, marking a third-straight win alongside a record close. The tech-heavy Nasdaq failed to claw its way out of the red, while the S&P 500 finished flat. Uncertainty over whether a meeting between President Donald Trump and Chinese President Xi Jinping will happen pressured the tech sector.
GOLD PULLS BACK AS INVESTORS TAKE SAFE HAVEN PROFITS
Crude managed to inch higher on Tuesday, despite mixed geopolitical and oversupply sentiment. The soon-to-expire November-dated West Texas Intermediate (WTI) crude added 0.5%, or 30 cents, to settle at $57.82 per barrel.
Gold prices pulled back after yesterday tapping another record, finishing the day with their biggest daily drop in five years. December-dated gold futures fell 5.7% at $4,109.10 per ounce.
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