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.
More By This Author:
Stocks On The Move As S&P 500 Records LoomMarkets Manage Moderate Gains As Nvidia Earnings Loom
Wall Street Static As Fed Feud Freezes Markets
Comments
Log in or sign up to join the conversation.