Dow Enjoys Long Overdue, Triple-Digit Pop
All three indexes enjoyed a close in the black following higher-than-expected home sales data, an outstanding tech sector, and Foot Locker's (FL) lackluster outlook. The blue-chip index scored its first triple-digit pop in weeks, the Nasdaq extended its win streak to three, and the S&P 500 logged its best daily percentage pop since June. Tomorrow, all eyes will be on Nvidia's (NVDA) post-earnings performance.
GOLD ENJOYS BEST DAY SINCE JULY
Crude prices fell to a one-month bottom, as demand outlook continued to weigh heavy on commodity investors. September-dated oil fell 73 cents, or 0.9%, to settle at $78.91 per barrel.
Gold put on its best daily performance since late-July, as its majority long-term outlook is seen as a good investment. December-dated gold added $22.10, or roughly 1.2%, to settle at $1,948.10 an ounce.
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