S&P 500, Nasdaq Nail Fresh Batch Of Record Closes
The stock market kicked off the short week with impressive gains. The Dow snapped a four-day losing streak with a triple-digit win, its best single-session pop of the month so far. The tech-heavy Nasdaq and S&P 500 both logged yet another record close, the former scoring its sixth-straight win. As investors parse through economic data indicating a strengthening economy, all eyes turn to retail sales data due out tomorrow.
OIL EXTENDS LAST WEEK'S GAINS
Despite an early drop following Chinese crude data, black gold finished Monday higher. July-dated West Intermediate (WTI) crude rose $1.88 or 2.4%, to close at $80.33 per barrel.
A rise in bond yields and a booked calendar of Fed appearances sent gold futures lower this afternoon. The most-active, August-dated gold closed down 0.8% near $2,330.10 an ounce.
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