Stocks finished the Halloween session higher as the tech sector rose from the grave, with Amazon.com (AMZN) and Apple (AAPL) earnings giving sentiment a boost. The Nasdaq notched triple-digit gains, closing just below record highs, while the S&P 500 and Dow marked modest daily wins.
For the week, all three major benchmarks nabbed their third consecutive weekly wins. The tech-heavy Nasdaq secured its seventh-straight monthly win, while the Dow, S&P 500, and small-cap Russell 2000 Index (RUT) all rose for the sixth-straight month.
GOLD FUTURES CLIMB FOR 3RD MONTH, OIL POSTS MONTHLY LOSS
December-dated West Texas Intermediate (WTI) crude rose 33 cents, or 0.54%, to $60.90 per barrel, as traders eyed U.S.-Venezuela tensions and China trade talks. Falling slightly for the week, WTI dropped 2.3% in October.
Extended interest rate cut buzz pushed gold futures lower once again. December-dated gold futures for settled 0.5% lower at $3,996.50 per ounce. However, bullion still rose for the week and notched its third-straight monthly gain.
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