Tech continued to lead the way in today's trading, pushing the Dow and Nasdaq into triple-digit gains and the S&P 500 comfortably higher as well. Some of today's lift came from upbeat shipping news regarding Nvidia's (NVDA) H200 chips, as well as broader optimism, as the first of two holiday-shortened weeks gets underway. Doubt is keeping gains in check, though, as some investors remain uncertain a "Santa Claus Rally" will come to fruition, and the SPX attempts to maintain a key level.
GOL, SILVER EXTEND RUN TO RECORD HIGHS
News of an intercepted oil tanker off the coast of Venezuela pushed crude higher for Monday's session. January-dated West Texas Intermediate (WTI) crude added $1.49, or 2.5%, to close at $58.01 per barrel.
Both gold and silver futures eked out another round of record highs this afternoon, as investors lean into safe haven assets to close out the year. February-dated gold settled up 1.9% to close at $4,469.40 per ounce for Friday, earlier tapping a high of $4,4777.70.
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