Oil Crashes, Gold Dumps, Stocks Yawn -- Oh, and Alphabet's Joining the Dow
Oil crashed. Gold tanked. Stocks barely looked up from their proverbial phones. Meanwhile, the Dow is getting a major upgrade next week.
Oil Crashes, Gold Dumps, Stocks Yawn -- Oh, and Alphabet's Joining the Dow
Overview
The Dow Jones Industrial Average (DJINDICES: ^DJI) kept its modest winning streak alive on Wednesday, edging slightly higher while the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) tagged along with even smaller gains. The moves grew larger by noon, but not by much.
The indexes weren't the big story today. The real action was in commodities.
Details
Oil tumbled below $70 per barrel for the first time since the Iran conflict began in late February, and gold dropped nearly 3%.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
