Wall Street Quiet To Start Busy Week
Stocks moved quietly today, closing mixed following Friday's steep weekly losses. Rising bond yields weighed on the broader market, as traders moved hesitantly ahead of this week's highly anticipated inflation data. The energy sector led gains today, as several oil stocks hit all-time highs.
OIL BREAKS WINNING RUN, GOLD HITS ANOTHER RECORD
Oil prices snapped a six-day win streak, as traders continue to monitor tensions in the Middle East. May-dated West Texas Intermediate (WTI) fell 48 cents, or nearly 0.6%, to settle at $86.43 a barrel.
Gold prices hit even more record highs today, with June-dated U.S. gold futures closing up 0.3% at $2,331.70 an ounce.
More By This Author:
Stocks Choppy As Fed Fatigue Weighs On Wall Street
Dow Eyes Worst Week Of 2024 Despite Today's Rally
Dow Continues Slide With Steep 530-Point Drop