Indexes Settle Higher After Lackluster Session

Oil and gold both suffered losses

Emma Duncan

Managing Editor

Feb 15, 2023 at 4:32 PM

Wall Street's focus stayed on retail sales data today, which blew past estimates with a 3% rise in January. Despite this green flag for the country's economic outlook, stocks had to claw their way into positive territory, as investors weighed how the Federal Reserve may respond. The Dow added 39 points, while the S&P 500 and Nasdaq eked out wins as well.

Continue reading for more on today's market, including:

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A new study suggested not all Americans are on board the artificial intelligence (AI) train. (CNBC)
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Lending giant just saw post-earnings breakout.

Corporate Earnings Feb 15

Unusual Options Activity Feb 15

Oil, Gold See Steep Losses

After a weekly rise in U.S. crude inventories of 16.3 million barrels, per the Energy Information Administration (EIA), March-dated West Texas Intermediate crude settled lower. More specifically, oil futures shed 47 cents, or 0.6%, to finish at $78.59 a barrel.

April-dated gold closed at a fresh five-week low, as the greenback found strength. April-dated gold dropped $20.10, or 1.1%, to settle at $1,845.30 per ounce.

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