Dow, S&P 500 Set Records; Nasdaq Boosted By Tech Surge
Wall Street experienced a blockbuster session on Thursday, snapping a three-day losing streak after Nvidia's earnings boosted not only the tech sector but the broader market as a whole. The S&P 500 and Dow both touched record highs, with the latter surpassing the 39,000 level for the first time ever, while the tech-heavy Nasdaq posted its best one-day percentage gain in 12 months and finished a chipshot away from a record close.
GOLD PRICES TOUCH 2-WEEK HIGH BEFORE FALLING
Oil prices rose on the heels of data that showed a fourth consecutive weekly climb in U.S. crude inventories. For the session, April-dated West Texas Intermediate (WTI) crude added 70 cents, or 0.9%, to finish at $78.61 per barrel.
Gold prices pulled back from their highest mark since Feb. 9 after the dollar firmed on today’s strong jobless claims data. April-dated gold shed $3.60, or 0.2%, to settle at $2,030.70 per ounce.
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