Wall Street Logs Big Win As VIX Continues Slide
Wall Street logged impressive gains Thursday, as investors unpacked jobs data and looked toward the Federal Reserve's next interest rate decision. The Dow and Nasdaq both added triple digits -- a third-straight win for the former -- while the S&P 500 also closed comfortably in the black. Meanwhile, the Cboe Volatility Index (VIX) extended its drop, while the Russell 200 Index (RUT) took a breather.
OIL PULLS BACK ON POTENTIAL IRAN SANCTION RELIEF
The media report alleging a U.S.-Iran nuclear deal put pressure on oil futures today. For the session, July-dated crude lost $1.24, or 1.7%, to close at $71.29 per barrel.
Gold prices recovered most of yesterday's losses, as the U.S. dollar weakened against unemployment data. August-dated gold added $20.20, or 1%, to close at $1,978.60 an ounce for the day.
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