Stocks Close Mixed To Start Last Week Of The Year
The Dow was the only winner amongst the major indexes today, adding 37 points. China's plan to ease Covid restrictions for inbound travelers starting in January wasn't enough to pull the rest of the market higher, however. Both fresh off their third-straight weekly losses, the Nasdaq and S&P 500 closed lower, with the former staging a triple-digit drop as Tesla (TSLA) once more weighed on the tech sector.
OIL STATIC, GOLD SEPARATES FROM $1,800
Oil prices took a breather today, with winter weather in focus with U.S. refineries. West Texas Intermediate (WTI) crude for January delivery shed 3 cents, to settle at $79.53 per barrel.
Gold prices settled higher for the second-straight session. February-dated gold rose $18.90, or 1.1%, to settle at $1,823.10 per ounce.
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Oil below 68. Bearish.