All three major indexes closed out a Fed-fueled week with their seventh-consecutive weekly wins, the Dow’s longest streak of such nature since 2019 and the S&P 500’s best streak since 2017. The Dow also added to its streak of record closes today, finishing the day strong alongside the Nasdaq, while the S&P 500 remained flat. Elsewhere, the smaller, tech-focused Nasdaq-100 Index (NDX) closed at record highs.
OIL, GOLD POST WEEKLY WINS
Oil prices notched their first weekly gain in eight weeks with a 0.3% gain. For the day, West Texas Intermediate (WTI) crude for January delivery fell 15 cents, or 0.2%, to settle at $71.43 a barrel.Gold prices fell for the day, but still managed a weekly win. February-dated gold futures rose $9.20, or 0.5%, to settled at $2,035.70 per ounce. More By This Author:Dow, S&P 500 Flat; Nasdaq Stays Strong Amid Volatility
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