Markets remained steady in today’s trading, with the Dow, S&P 500, and Nasdaq settling just above breakeven. A steep post-earnings slide from () capped the blue-chip index, while West Texas Intermediate (WTI) crude prices continued to climb amid rising tension in the Middle East. Investors also had stronger-than-expected to unpack.
CRUDE EXTENDS GAINS AS TENSIONS PERSIST
Tensions in Iran and Israel have yet to ease, with oil prices building off Tuesday’s gains to settle at two-week highs. November-dated West Texas Intermediate (WTI) crude rose 27 cents, or 0.4%, to settle at $70.10 per barrel for the day. Gold prices pulled back today as the greenback strengthened and private payrolls data came in above expectations. Gold for December delivery was last seen 0.5% lower to trade at $2,649.41.More By This Author:Dow Paring Nike Selloff, Oil Price SurgeMajor Indexes Slide To Start October Stocks Stalled By Middle East Tensions