Stocks Close Thursday Higher; Dow, Nasdaq Jump Triple Digits
Wall Street fought back to positive territory before the session closed, as investors closely monitored Treasury yields. The Dow, Nasdaq, and S&P 500 all managed healthy gains Thursday, while Wall Street's "fear gauge," the Cboe Volatility Index (VIX), logged its fourth loss in five days.
Oil Prices Briefly Top $95 Per Barrel
Oil futures fell Thursday, despite earlier trading above $95 per barrel for the first time this year. Crude for November delivery lost $1.97, or 2.1%, to settle at $91.71 per barrel.
A higher U.S. dollar continued to weigh on bullion. December-dated gold lost $12.30, or 0.6%, to close at $1,878.60 an ounce on the day.
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