Nasdaq Adds Triple Digits, Dow Extends Skid

The Nasdaq and S&P 500 rallied on Thursday, the former scoring its best single-session gain in nearly three weeks. Semiconductor and artificial intelligence (AI) stocks led the charge, on the heels of Nvidia's (NVDAblowout report. Elsewhere, the Dow logged a fifth consecutive loss, while the Cboe Volatility Index (VIX) snapped a four-day win streak.

Closing Index Summary May 252023

NYSE and Nasdaq Stats May 252023

Earnings May 252023

Unusual Options Activity May 252023


GOLD, OIL PRICES LOG STEEP DAILY LOSSES

Oil prices snapped a three-day win streak on Thursday, after the U.S. dollar strengthened, and Russian Deputy Prime Minister Alexander Novak noted he did not expect the Organization of the Petroleum Exporting Countries and their allies (OPEC+) to deliver a production cut in June. July-dated crude shed $2.51, or 3.4%, to close at $71.83 per barrel.

Gold prices settled lower as well, marking their fourth consecutive session in the red and lowest close since March 21 due to rising Treasury yields. June-dated gold shed $20.90, or 1.1%, to close at $1,943.70 an ounce.


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