Dow Climbs Triple Digits After Lackluster Session
With help from the tech sector, the major indexes finished the day with wins. The S&P 500 and Nasdaq resumed their rise after yesterday snapping three-day win streaks, while the Dow struggled to break past the 4,300 level on a closing basis, but still popped triple digits. A soft PPI reading was overshadowed by news of Boeing's (BA) India Dreamliner 787 India crash. Trade concerns reemerged as well, as investors await a definitive deal between the U.S. and China.
OIL PULLS BACK FROM YESTERDAY'S SPIKE
Oil prices fell today, after rising sharply last session amid conflict between Israel and Iran. July-dated West Texas Intermediate (WTI) crude fell 11 cents, or 0.16%, to close at $68.04 a barrel.
Meanwhile, a cool PPI and weakening Middle Eastern tensions sent August-dated gold futures 2% higher to settle at $3,410.70 per ounce.
More By This Author:
Major Indexes Struggle For Direction As Trade Tensions ResumeStocks Brush Off Inflation Data, Trade Optimism
Major Indexes Comfortably Higher After Tariff Talk Success