Nasdaq Logs Worst Week Since 2022

The Nasdaq and S&P 500 marked six-straight losses today, as well as their worst weekly performances since Nov. 2022 and Mar. 2023, respectively. Netflix (NFLX) and Nvidia's (NVDA) losses helped drag the Nasdaq to a 319-point daily deficit -- its largest net drop since January. The Dow managed a triple-digit win for the session, inching into the black for the week with just a 3-point weekly gain, while the S&P 500 marked its third-straight week in the red, and the Nasdaq its fourth. 

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OIL, GOLD MARK GAINS AMID MIDDLE EAST TENSION

Following escalation in Middle East tension, oil finished with soft gains on the day, but still shed 2.9% for the week. May-dated West Texas Intermediate (WTI) rose 41 cents, or 0.5%, to settle at $83.14 a barrel for Friday. 

Gold prices rose for a fifth-straight weekly rise. June-dated gold futures rose 0.7% higher to settle at $2,413.8 per ounce.  


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