Dow Notches 4th-Straight Win With Triple-Digit Gain
The market finished higher today with help from Nvidia (NVDA) -- which surpassed Microsoft (MSFT) in market cap for the first time since January -- along with the rest of the semiconductor sector. The Dow secured its fourth-straight win with a 214-point gain, brushing off uncertainty after OECD cut its U.S. growth outlook this morning, while the S&P 500 and Nasdaq marked their second day in the black. It's also worth noting that U.S. job openings rose by 191,000 to a higher-than-expected 7.4 million in April.
OIL CLOSES AT 3-WEEK HIGH
Oil prices rose today, though settling off their highs, amid U.S. nuclear talks with Iran. July-dated West Texas Intermediate (WTI) crude rose 89 cents to $63.41, the highest level since May 13.
Gold prices fell today as the dollar strengthened. June-dated gold futures dropped 0.6% to $3,350.60 per ounce.
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