Stocks Stay Hot, Log Record Closes Across Wall Street
Stocks stayed hot to kick off a new trading week, with all three major indexes scoring fresh record closes. The Dow and S&P 500 both toppled historical milestones, while the tech-heavy Nasdaq pared modest losses to score a fifth-straight win. Elsewhere, the small cap Russell 2000 (RUT) cleared 24,000 for the first time ever, while cryptocurrency Bitcoin (BTC) barrels toward uncharted territory and the vaunted $90,000 level.
OIL EXTENDS LOSSES ON CHINA UNCERTAINTY
Oil futures continued to struggle, as last week's China updates weighed on demand. For the session, December-dated West Texas Intermediate (WTI) crude shed $2.34 cents, or 3.3%, to settle at $68.04 a barrel.
Uncertainty surrounding the future of economic policy alongside a rising U.S. dollar is pushing gold futures lower. Gold futures are 2.8% lower at $2,620.20, at last check.
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