Stocks Win In June; Nasdaq, S&P 500 Gain In Q2

The major indexes finished the day lower after a wild week of inflation-focused trading, with the Dow weighed down by Nike's (NKE) sharp post-earnings drop. The DJI and S&P 500 inched into the red for the week, while the Nasdaq notched its fourth consecutive weekly win. For the month, all three major indexes notched healthy gains, while the blue-chip index was the only loser in the second quarter. 

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OIL BAGS DAILY, WEEKLY, MONTHLY WINS

Oil futures rose again, higher as the stress surrounding Middle East tensions failed to subside. For the session, August-dated West Intermediate (WTI) crude gained 61 cents, or 0.8%, to settle at $82.35 per barrel for the day, 0.9% higher for the week, up 7% for June, and down 1.8% for the quarter.

Gold futures rode the wave of lowering Treasury yields and an expectation for a September rate hike in response to today's inflation update. August-dated gold was last seen up 0.1% to $2,339.80 an ounce for the day, down 0.3% for the week, off 1.2% for the month, and 3.4% higher for the quarter.


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