Stocks Finish Flat Ahead Of Key Jobs Report
Wall Street finished Thursday slightly lower, as cautious investors awaited tomorrow's key nonfarm payrolls report. Today's jobs data pushed Treasury yields higher, though the 10-year note remained below its 2007-level highs. For the session, the Dow, S&P 500, and Nasdaq all closed just below breakeven, with the three benchmarks briefly trading in the black later in the day before ultimately paring those marginal gains.
GOLD OFFICIAL REACHES "DEATH CROSS"
Oil futures stepped back Thursday, marking another settlement near their lowest level since the end of August.Crude for November delivery lost $1.91, or 2.3%, to settle at $82.31 per barrel.
Gold prices officially reached a so-called "death cross" today, signaling struggles for the precious metal for the rest of 2023. December-dated gold lost $3, or 0.2%, to close at $1,831.80 an ounce on the day.
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