Stocks finished the holiday-shortened week with a thud. The Dow shed 333 points to snap a five-day win streak, while the S&P 500 and Nasdaq also finished deep in the red -- the former falling back below 6,000 and the latter breaching 20,000. Rising bond yields pressured Wall Street, sending large cap tech stocks sharply lower. Despite tech weakness impacting the broader market, all three major indexes finished with weekly wins, marking the Dow's first in four. 

'FEAR BIDDING' PUSHES OIL BACK ABOVE $70

Oil prices fell victim to 'fear bidding' today, rising in response to Israeli strikes against Yemen’s Houthi rebels. February-dated West Texas Intermediate (WTI) crude added $1.59 cents, or 2.3%, to settle $71.78 per barrel. For the week, black gold added 4.8%.

Rising bond yields weighed on gold today. Gold for January delivered lost 0.8% to settle around $2,633.50 an ounce. For the week, gold lost 0.2%. 

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