S&P 500 Logs Longest Losing Streak Since October
Stocks finished the day mixed, as investors continued to muse over the Fed's interest-rate hike timeline while unpacking the latest corporate earnings reports. The Dow inched higher for its second win in the last nine sessions, while the Nasdaq and S&P 500 each notched a fifth consecutive loss. For the Nasdaq, that's its longest daily losing streak since January, while the S&P 500 marked its longest since October.
OIL BREAKS LOSING STREAK
Oil prices snapped a three-day losing streak, amid news that the U.S. will reinstate sanctions on Venezuela. Investors are also continuing to monitor tensions in the Middle East. May-dated West Texas Intermediate (WTI) rose 4 cents, or nearly 0.1%, to settle at $82.73 a barrel.
Gold prices inched toward Friday's record highs, with June-dated gold futures settling 0.4% higher at $2,397.30 per ounce.
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