Dow Trims 2025 Deficit, S&P 500 Nabs 4th Straight
Amid a choppy, data-driven session, stocks finished the day mostly higher. The Dow pared a triple-digit loss at its session lows to add 245 points, as the blue-chip index continues to narrow its year-to-date deficit. The S&P 500 also erased early morning losses to string together a fourth-straight win. The Nasdaq, on the other hand, gave back a brief foray into the black to ultimately finish marginally lower to snap a six-day win streak, with tech sector profit taking the culprit.
BLACK GOLD SUFFERS AS TRUMP HINTS AT U.S.-IRAN DEAL
CRUDE OIL PRICES TOOK ANOTHER HIT TODAY, PRESSURED BY COMMENTS FROM PRESIDENT TRUMP HINTING AT A POTENTIAL U.S.-IRAN NUCLEAR DEAL DURING A VISIT TO QATAR. JUNE-DATED WEST TEXAS INTERMEDIATE (WTI) LOST $1.53, OR 2.4%, TO SETTLE AT $61.62 PER BARREL.
Gold prices bounced back, boosted by bargain-hunting and shaky economic indicators. June-dated gold futures added 1% to finish near $3,218.70 per ounce.
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