Nasdaq Surges 522 Points For Best Day Since May

Tech stocks swayed the broader market once again, rebounding as the Senate moved forward with a deal to end the government shutdown. The tech-heavy Nasdaq rose 522 points for its largest single-day percentage gain since May 27, while the Dow added 381 points, and the S&P 500 enjoyed a rare triple-digit win of its own. Elsewhere, Wall Street's "fear gauge," the Cboe Volatility Index, suffered its worst day in over two weeks. 

indexesnov10

nysenov10

earningsnov10

uvolnov10


BULLION BOUNCES BACK AFTER LOSING WEEK

Oil prices edged higher amid government shutdown optimism. December-dated West Texas Intermediate (WTI) crude added 13 cents, or 0.22%, to settle at $59.88 per barrel.

Gold prices jumped higher, with spot gold tapping a two-week high on the heels of the recent weak economic data out of the U.S.. December-dated gold futures finished up 2.2% to settle at $4,099.20 per ounce.


More By This Author:

Nasdaq Up Triple Digits As Big Tech Enjoys Rebound
Stocks Suffer Steep Weekly Drops Despite Last Minute Friday Rally
Market Losses Worsen After Consumer Sentiment Data
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.