A boost from jobs data guided all three major indexes to healthy gains today after yesterday’s rally attempt fell short. The Dow rose 683 points, locking in its best day since July 16. The tech-heavy Nasdaq and S&P 500 logged their best single-session gain since November 2022, as as earnings season continued to flood investor newsfeeds. Despite the rally today, the 10-year Treasury yield spiked in response to this morning’s job news, trading as high as 4% at its intraday peak.
Oil Enjoy 3-Straight as Sour Sentiment Eases
Sentiment seems to be settling, leaving oil to mark its third consecutive daily win. For the session, September-dated West Texas Intermediate (WTI) crude gained 96 cents, or 1.3%, to settle at $76.19 per barrel. September rate-cut hopes alongside increased metal demand sent gold higher for the session. At last check, December-dated gold futures added 1.3% to settle at $2,463.30 per ounce.More By This Author:Dow Up Over 500 Points As Rally Picks Up Pace
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