Dow Enjoys Record Close Amid Earnings Barrage

Wall Street was higher Wednesday, with the S&P 500 moving closer to the psychologically significant 5,000 level and touching another intraday high. Investors digested another round of earnings results, while high-flying tech stocks surged. In response, the Dow and Nasdaq both turned in triple-digit wins, the former notching a new record close and the latter hitting a more than two-year high.

indexesfeb7

nysefeb7

earningsfeb7

uvolfeb7


OIL, GOLD PRICES EDGE HIGHER

Oil futures logged a minor gain, following a weekly climb in U.S. crude inventories, gasoline declines, and a distillate stockpiles update. For the session, March-dated West Texas Intermediate Crude (WTI) added 55 cents, or 0.8%, to finish at $73.86 per barrel.

Gold prices were barely changed Wednesday, as investors remained focused on the Fed. April-dated gold inched up 30 cents, or 0.01%, to settle at $2,051.70 for the session.


More By This Author:

Dow, Nasdaq Up Triple Digits; S&P 500 Nears 5,000
Stocks Little Changed As Wall Street Closes Mixed
Dow Looks To Rebound From Yesterday's Slide

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.