Stocks Stage Rebound After 2-Day Rout
After losing a combined total of nearly 1,320 points during the first two days of the week, the Dow settled with a 485-point win today. Wall Street sighed a breath of relief after the latest White House update, with President Donald granting automakers a one-month exemption from Canada and Mexico tariffs. The S&P 500 and Nasdaq enjoyed the market rebound as well, finishing firmly in the black.
OIL FALLS FOR 4 STRAIGHT
Oil prices dropped for a fourth-straight session on output and demand concerns amid global trade tensions. The most active April-dated West Texas Intermediate (WTI) crude fell $1.95, or 2.9%, to settle at $66.31 a barrel. It's also worth noting May-dated Brent crude closed at its lowest price since September.
Gold prices rose once again, with gold futures up 0.2% to $2,927.50.
More By This Author:
S&P 500, Nasdaq Lower Amid Mixed Economic DataDow Falls 670 Points Amid Global Trade Tensions
Stocks Plummet As Trade Partners Retaliate Against Tariffs