S&P 500, Nasdaq Close At Record Highs
After a fourth consecutive month higher, all three major indexes moved even higher to finish the week. Fresh off yesterday's record close, the Nasdaq today added triple digits and hit a new record high to boot, while the S&P 500 scored a record close of its own, as both benchmarks secured a winning week. Though the Dow managed a respectable win today, the blue-chip index logged its third weekly loss of 2024.
GOLD FUTURES SETTLE AT RECORD HIGHS
Oil futures rose on Friday, as tensions in the oil-rich Middle East continued to weigh on investors' minds. For the session, April-dated West Texas Intermediate (WTI) rose $1.71, or 2.2%, to finish at $79.97 per barrel, and added 4.6% for the week.
Gold futures settled at record highs after the greenback and Treasury yields fell. For the week, the most active contract added 2.6, and April-dated gold added $41, or 2%, to settle at $2,093.10 per ounce for the day.
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