Nvidia's (NVDA) earnings release, which is due out after the close, drove investor sentiment on an otherwise mostly quiet day on Wall Street. The S&P 500 managed to snag a fresh record close, while the Nasdaq and Dow eked out modest wins. The 10-year Treasury yield continued to rise as investors brushed off yesterday's Fed feud.

GOLD EKES OUT SMALL GAIN DESPITE RISING YIELDS

A bigger-than-anticipated drop in U.S. crude inventories, combined with the possible impact of U.S. tariffs on India pushed oil higher today. September-dated West Texas Intermediate (WTI) rose 1.4%, or 90 cents, to settle at $64.15 per barrel.

A rise in yields and the U.S. dollar pressured gold, though it eked out a gain for the session. December-dated gold futures added 0.2% to finish at $3,438.30 per ounce.

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