S&P 500, Nasdaq Eke Out Another Win

Wall Street finished mixed Wednesday after a deluge of positive corporate earnings reports rolled in. The S&P 500 and Nasdaq managed to extend their longest win streaks in roughly two years, while the Dow snapped its seven-day run with a modest loss. Elsewhere, the Cboe Volatility Index (VIX) logged its eighth consecutive loss -- its worst losing streak since October 2015.

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OIL FUTURES TUMBLE AMID HIGHER INVENTORIES 

Oil futures fell Wednesday, settling at their lowest mark since mid July after the American Petroleum Institute reported a massive increase in crude inventories for the week ended Nov. 3. December-dated West Texas Intermediate (WTI) crude dropped $2.04, or 2.6%, to close at $75.33 a barrel.

Gold prices also moved lower, with December-dated gold losing $15.70 to close at $1,957.80 an ounce for the day.


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Longest Nasdaq, S&P 500 Win Streaks Since 2021 At Risk
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