The Dow enjoyed triple-digit gains today, securing a new record close and finishing the week with a win. The other major benchmarks also ended the week firmly in the black, with the S&P 500 climbing to its third-straight record close, while the Nasdaq finished today's session with a solid win after a last-minute surge. Inflation concerns nipped at the market's gains today, after data showing the producer price index (PPI) rising a higher-than-expected 1% in March, as well as hitting its largest annual gain in nine years. In response, the 10-year Treasury yield, which has been a major market mover in recent weeks, rose slightly.

The Dow Jones Industrial Average (DJI - 33,800.60) added 297 points today, or 0.9% for the day, and 2% for the week. Honeywell (HON) topped the list of blue chips with a 3.2% pop, while Walgreen Boots Alliance (WBA) sunk to the bottom after shedding 1.1%. 

Meanwhile, the S&P 500 Index (SPX - 4,128.80) gained 31.6 points, or 0.8%, for the day, and 2.7% for the week. The Nasdaq Composite (IXIC - 13,900.19) tacked on 70.9 points, or 0.5%, for the day, and 3.1% for the week.

Lastly, the Cboe Volatility Index (VIX - 16.69) lost 0.3 points, or 1.5%, today, and 3.7% for the week. 

GOLD FINISHES THE WEEK HIGHER, OIL EXTENDS DROP

Oil prices closed lower for the second-straight day, as global Covid-19 cases point towards a potential lack of demand, and supply still no shows no sign of diminishing after last week's OPEC+ decision. May-dated crude fell 28 cents, or 0.5%, to settle at $59.32 a barrel. Since its April 1 settlement, which marked the end of the holiday-shortened week, prices have lost 3.5%. 

Gold futures fell today, following a six-week high, as rising bond yields weighed. June-dated gold dropped $13.40, or 0.8%, to settle at $1,744.80 an ounce. For the week, however, gold prices finished nearly 1% higher.