S&P 500, Nasdaq Close at Record Highs

Gold prices settled at record highs

Deputy Editor
Mar 1, 2024 at 4:25 PM
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After a fourth consecutive month higher, all three major indexes moved even higher to finished the week. Fresh off yesterday's record close, the Nasdaq today added triple digits and hit a new record high to boot, while the S&P 500 scored a record close of its own, as both benchmarks secured a winning week. Though the Dow managed a respectable win today, the blue-chip index logged its third weekly loss of 2024. 

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

  • These are the 25 worst stocks to own this month.
  • Options bulls should consider this agriculture stock.
  • Plus, Powell's testimony; two tech earnings reports; and some March trading ideas.



5 Things to Know Today

    1. General Electric (GE) set a date for the final split of the company. (MarketWatch)
    2. Former President Donald Trump's lawyers are pleading for a Florida federal court judge to schedule his criminal trial for after the presidential election. (CNBC)
    3. Next week's news includes more Fed updates.
    4. Why these 2 tech stocks were on investors' minds.
    5. The best SPX stock to own this month.



    Gold Futures Settle at Record Highs

    Oil futures rose on Friday, as tensions in the oil-rich Middle East continued to weigh on investors' minds. For the session, April-dated West Texas Intermediate (WTI) rose $1.71, or 2.2%, to finish at $79.97 per barrel, and added 4.6% for the week.

    Gold futures settled at record highs after the greenback and Treasury yields fell. For the week, the most active contract added 2.6, and April-dated gold added $41, or 2%, to settle at $2,093.10 per ounce for the day.


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