Both the S&P 500 and Dow logged their fifth win in six sessions this afternoon, as Wall Street continued to digest U.S. President Donald Trump’s first executive actions in office, including potential tariffs, which look to be softer than anticipated. The tech-heavy Nasdaq saw healthy gains as well, while the stock market’s “fear gauge,” or Cboe Volatility Index (VIX), locked in a third consecutive day in the red.
GOLD JUMPS TO 2-MONTH HIGHS
Oil prices pulled back as Trump tariffs and supply uncertainty took precedent. February-dated West Texas Intermediate (WTI) crude fell $1.53, or 2%, to settle at $76.35 per barrel.A weakening dollar pushed gold prices to two-month highs in today’s session. Gold for February delivery rose 0.3% to settle at $2,757.60 an ounce.More By This Author:Dow Surges Triple Digits After Trump’s First-Day Orders
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