Stocks Score Highest Closes Of The Year
The Dow clocked a sixth-straight win today, building off last week's momentum and closing at its highest level since November 2022. The S&P 500 and Nasdaq followed suit with their fifth win in the last six trading days and highest settlements in 15 months. Wall Street for the most part brushed off the worrisome economic data out of China as investors have their eyes fixed on this week's loaded slate of earnings reports.
COMMODITIES TAKE A BREATHER
Oil prices moved lower today, weighed down by the economic data out of China. August-dated oil shed $1.27, or 1.7%, to settle at $74.15 per barrel.
Gold also slid, cooling off after last week's gains. August-dated gold shed $8, or 0.4% to close at $1,956.40 an ounce on the day.
More By This Author:
Market Quietly Higher After Manufacturing Data
Dow Logs Best Weekly Performance Since March
Perfect Week Of Gains Within Reach On Wall Street