Wall Street bounced today, with win streaks abound. Investors are cautiously optimistic ahead of tomorrow's inflation data and are betting on the Federal Reserve skipping an interest rate hike at the conclusion of its monetary policy meeting Wednesday.

The S&P 500 and Nasdaq closed at a more than 13-month highs for their third straight wins, while the Dow secured its fifth-straight daily pop. Despite today's gains, the Cboe Volatility Index (VIX) rallied from last week's lows, clocking its best single-session gain in nearly three weeks. 

OIL SETTLES NEAR 2-MONTH LOW

Disappointing economic figures in China and pending stateside central bank decisions weighed on crude futures today. July-dated crude lost $3.05, or 44%, to close at $67.12 per barrel for the day -- its lowest level since March 17.

Gold prices moved slightly lower, as investors awaited tomorrow's inflation report and Wednesday's interest rate decision. August-dated gold lost $7.50, or 0.4%, to close at $1,969.70 an ounce today.

More By This Author:

Stocks Sport Midday Leads As Busy Week Begins
Wall Street Wins Week As "Fear Gauge" Crumbles
Stocks On The Rise As S&P 500 Conquers 4,300 Mark