Even after pulling back from intraday highs, Wall Street still managed to log its third-straight win. The Dow and S&P 500 both scored record-high closes, while the Nasdaq finished at its highest level since January 2022. Alongside the revised rate cut chance, investors are also eagerly awaiting this week’s slate of inflation data that could guide the Federal Reserve’s monetary policy. 
OIL PRICES RALLY ALONGSIDE WALL STREET
Oil prices found support from Wall Street’s rally that increased hopes for the economy and energy demand. For the session, March-dated West Texas Intermediate Crude (WTI) rose $1.51, or 2.1%, to finish at $74.76 a barrel on the day.Gold prices, meanwhile, fell after expectations began to lower for an interest rate cut in March. At last look, February-dated gold was down $7.10, or 0.4%, to settle at at $2,022.20 for the session.More By This Author:
Dow, S&P 500 Close At Record Highs
