Dow, Nasdaq Snap Back With Triple-Digit Wins

Stocks found some stability today, with all three major indexes pivoting into the black at midday with help from resilient AI trade and upbeat private sector jobs data. Wall Street then got a late-session boost after the Supreme Court challenged President Donald Trump's tariffs at today's hearing.

Prediction markets saw chances the courts rule in favor of the president's tariffs plummet down to 32%. The pivot seems to have calmed investors, with the Cboe Volatility Index (VIX) logging its largest single-day decline since Oct. 20.

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RISING CRUDE INVENTORIES DING BLACK GOLD

Oil prices fell again today, weighed down by a rise in weekly U.S. crude inventories. December-dated West Texas Intermediate (WTI) crude lost $1.45, or 1.6%, to settle at $61.05 per barrel.

Gold prices bounced back today thanks to upbeat jobs data, though the safe-haven asset remains below $4,000. December-dated gold futures added 0.7% to settle at $3,989.80 per ounce.


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