Tech Helps Stocks Start Christmas Week Strong

Stocks finished strong today, with the Dow coming off a triple-digit loss at its session lows to add 66 points by the close. The S&P 500 and Nasdaq both logged solid gains, the latter getting a bump from tech titan Nvidia (NVDA). Wall Street shrugged off two lackluster data sets today; consumer sentiment fell in December below estimates to its lowest level since September, while durable goods fell in November.  

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COMMODITIES COOL AS CHRISTMAS APPROACHES

Oil prices fell today, weighed down by recent demand pressures. February-dated West Texas Intermediate (WTI) crude shed 22 cents, or 0.3%, to settle $69.24 per barrel.

A strong dollar and elevated bond yields made gold for December delivery fell today, losing 0.6% to settle at $2,628.20 an ounce.


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