VIX Logs Longest Losing Streak Since March 2021

The major indexes ended their first session of the second quarter mixed, with the Dow closing up triple digits and the S&P 500 marking a modest win of its own. This came as investors looked for direction following OPEC+'s 1.16 million barrel daily oil output cut, helping the commodity surge to its largest daily gain in nearly a year. Meanwhile, the Nasdaq moved lower, while Wall Street's "fear gauge," the Cboe Volatility Index (VIX), logged its seventh-straight loss -- its longest such streak since March 2021.

Closing Indexes Summary April 3

NYSE and Nasdaq Stats April 3

Unusual Options Activity April 3


OIL, GOLD LOG HEALTHY WINS

Oil futures ended the day significantly higher, as investors continued to digest OPEC's+ surprise cut. May-dated crude added $4.75, or 6.3%, to close at $80.42 per barrel for the session.

Gold managed to climb in Monday's session, as the U.S. dollar retreated in intraday trading and OPEC's+ decision reignited inflation fears. June-dated gold added $14.20 or 0.7%, to settle at $2,000.40.


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