Stocks Finish Mixed; Dow Hits Record High
Stocks finished mixed on the penultimate trading day of the year, as investors unpacked this morning's home sales and jobless claims data. The Dow added 53 points to close at a record high, while the S&P 500 finished flat -- still just points below all-time highs. Meanwhile, the Nasdaq snapped a four-day win streak, though all three major benchmarks are still well on their way to monthly and yearly highs.
GOLD PRICES DIP FROM HIGHS
Oil prices moved lower today, as worries over shipping disruptions in the Red Sea finally faded. West Texas Intermediate (WTI) crude for February delivery fell $2.34, or 3.2%, to finish at $71.77 a barrel.
Gold prices extended last session's three-week highs today before settling lower, as the market bets on rate cuts next year. February-dated gold futures dropped $9.60, or 0.46%, to settle at $2,083.50 per ounce.
More By This Author:
Stocks Edge Higher As End Of 2023 Approaches
Stocks Inch Higher Ahead Of Last 2 Sessions Of 2023
Stocks Static As Post-Holiday Doldrums Hit