Major Indexes Log String Of Losses; VIX Snaps Losing Streak
The major index logged a string of losses for Tuesday's session, lower on news that job openings data fell for the first time in two years, to just below 10 million. As investors digest the suggestion of a slowing economy just one day off of oil's big post-cut pricing surge, Wall Street's "fear gauge," the Cboe Volatility Index (VIX), snapped its seven-day losing streak.
GOLD LOGS ANOTHER NOTABLE GAIN
Following yesterday's OPEC+ surge, oil futures eked out a modest win in Tuesday's trading. For the session, May-dated crude rose 29 cents, or 0.4%, to close at $80.71 per barrel -- their highest level since Jan. 26.
Gold enjoyed a sizable jump this afternoon, as commodity investors digested jobs data out of the U.S. June-dated gold added $37.80 or 1.9%, to settle at $2,038.20.
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