The Dow was up triple digits at its session highs but turned lower later in the day
The Dow gave back a triple digit win today, halting a three-day win streak in the process. The S&P 500 and Nasdaq finished in the red as well -- the latter notching a triple-digit loss -- while the Cboe Volatility Index (VIX) snapped a three-day losing streak. Front-month crude prices reached as high as $89 per barrel today, while investors are anxious ahead of tomorrow's inflation data.
Continue reading for more on today's market, including:
- Watch this software stock later this week.
- Biotech stock bucks broad market choppiness.
- Plus, an energy stock to target; and two analyst notes to monitor.
5 Things to Know Today
- Apple (AAPL) event unveils the new iPhone, Watch, and more. (MarketWatch)
- Another Big Tech titan is in the spotlight for a very different reason. (Reuters)
- Buy the dip on this energy stock.
- Downgrade drags solar stock.
- Analyst sets lofty target for Cintas stock.
More on Oil's Big Day
Oil prices finished at a 2023 high today, fueled by supply shortfall hopes brought on by output cuts. Crude for October delivery added $1.55, or 1.8%, to settle at $88.84 per barrel for the day, the highest close since Nov. 11.
Gold prices pulled back amid a stronger greenback. December-dated gold lost $12.10, or 0.6%, to settle at $1,935.10 an ounce for the day.