Stocks Ease as Yields Climb and Oil Pushes Past $82
Stocks slipped modestly Friday while Treasury yields climbed and crude oil pushed past $82, with gold extending its summer rally near $4,437.
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Stocks slipped modestly Friday while Treasury yields climbed and crude oil pushed past $82, with gold extending its summer rally near $4,437.
The Nasdaq led Wall Street higher Thursday as chips regained footing, while oil climbed past $82 and gold cooled from its record run.
All three major indexes slipped on Monday in a sleepy August session, but the VIX dropped to 15.28 suggesting no real alarm. Gold held near ,448 while oil climbed to 3.91.
Nasdaq surges 5.19% as equities stage a massive rally. Gold explodes to ,399 with a 9% single-day gain while the S&P 500 and Dow notch impressive advances. Oil and yields buck the trend.