Dow Marks 253-Point Win; Nasdaq, S&P 500 Snap Losing Streaks

Stocks kicked off the week on a positive note, recovering some of last week's losses. The Dow scored a 253-point win, while the S&P 500 and Nasdaq snapped their six-day losing streaks with strong gains as well. Elsewhere, Nvidia (NVDA) bounced back from last week's slide, adding 4.4% for the session, while oil prices dropped amid easing tensions in the Middle East. 

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OIL, GOLD FALL AS GEOPOLITICAL RISK DIMINISHES

May-dated West Texas Intermediate (WRI) crude fell 29 cents, or nearly 0.4%, to settle at $82.85 a barrel. Along with deescalating tension in the Middle East, investors shifted their focus back to potential rate cuts. 

Coming off five-straight weekly gains, June-dated gold suffered its worst day since April 5. The precious commodity futures dropped $67.40 or 2.9%, to finish at $2,346.40 per ounce.


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