Wall Street Finishes Quiet Day Mixed
Stocks kicked off the week on a quiet note, as investors looked ahead to key inflation data due out later this week. The Dow dropped 55 points for its fifth loss in the last six sessions, while the S&P 500 was flat, and the tech-heavy Nasdaq finished with a modest gain. Elsewhere, the Cboe Volatility Index (VIX) -- also known as Wall Street's fear gauge -- settled at its lowest level in a week.
OIL PRICES STILL ENJOYING JOBS DATA TAILWINDS
Oil prices settled higher on Monday, as black gold continued to enjoy tailwinds from a red-hot U.S. jobs report. June-dated crude added $1.82, or roughly 2.6%, to close at $73.16 per barrel.
Gold prices finished higher as well, marking their fourth win in five sessions. Investors are keeping an eye on the slew of inflation data due out later this week, however. The June-dated commodity tacked on $8.40, or 0.4%, to close at $2,033.20 an ounce.
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