Stocks were mostly higher today, the Nasdaq turning in a notable bounce after mega caps Apple (), Nvidia (), and Amazon.com () powered the tech sector. Meanwhile, the S&P 500 was rangebound most of the day, but rallied just above breakeven in the final minutes of trading. The Dow came off its session lows, but still finished in the red, even as investors unpacked that signaled a robust labor market.
OIL PRICES EYE $70 AS OPEC+ MEETING LOOMS
Oil prices popped today ahead of the meeting Organization of the Petroleum Exporting Countries & Allies (OPEC+), where output cuts are expected to be extended. For the session, January-dated West Texas Intermediate (WTI) crude added $1.84, or 2.7%, to settle at $69.94 per barrel, black gold’s biggest single-day gain in two weeks.Gold prices cautiously rose today, buoyed by a softer dollar and the upbeat jobs report. For the session, gold for December delivery added 0.8% to settle at $2,665.80 an ounce.More By This Author:
Big Tech Powers Nasdaq While Dow Cools Off
