Nasdaq Hits Record High, Extends Weekly Streak To 7


The S&P 500 and Dow both snapped their six-week win streaks, succumbing to this week’s pressure from rising Treasury yields, though the bond market has since cooled off. The blue-chip index closed 259 points lower, reversing its early-morning pop for its fifth-straight daily loss. The tech-heavy Nasdaq hit record highs today, however, notching a triple-digit gain and seventh consecutive weekly win — its longest streak since December. indexesoct25nyseoct25Earnings October 252024uvoloct25

Gold and Oil Post Daily, Weekly Wins
Crude has continued higher due to Middle East tensions, boosting black gold for the day and week. November-dated West Texas Intermediate (WTI) crude fell $1.59, or 2.3%, to settle at $71.78 per barrel for the session, and 4.5% higher on the week.Gold finished with gains today, a boost coming from upcoming election buzz. Gold for December delivery tacked on 0.7% to trade at $2,754.60 at last check. For the week, gold has tacked on around 0.6%.More By This Author:Nasdaq Up Triple Digits As Stocks Rally, Yields Cool
S&P 500, Nasdaq Bounce Back; Dow Slips Yet Again
Blue Chips Sitting Out Of Tesla-Fueled Tech Rally

Reviews

  • Total Score 0%
User rating: 0.00% ( 0
votes )



Leave a Reply

Your email address will not be published. Required fields are marked *