Wall Street Marks 3rd-Straight Win
The major indices logged their third-straight win, though they're still on track to mark dismal monthly performances. Both the Dow and Nasdaq managed triple-digit gains, with the latter eyeing its best day since July as investors continued to flock toward tech amid falling bond yields. The S&P 500 scored its own notable win, which came despite sinking U.S. consumer confidence.
GOLD CLOSES AT 3-WEEK HIGH
October-dated oil finished at its highest level since Aug. 18, tacking on $1.06, or 1.3%, to settle at $81.16 per barrel. Black gold could come under pressure as energy operations are at the mercy of Hurricane Idalia's current path.
Gold futures, meanwhile, closed at a more than three-week high, after declining U.S. consumer confidence and job openings weighed on the greenback and Treasury yields. December-dated gold added $18.30, or 0.9%, to settle at $1,965.10 an ounce.
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