The blue-chip index logged its worst single-session loss since May
The Dow cooled off today, falling 299 points -- the blue-chip index's worst session of the month -- to snap a five-day win streak. Elsewhere, the S&P 500 and Nasdaq both halted their three-day losing streaks, with a resurgent Nvidia (NVDA) catapulting the latter to triple-digit gains. Today's tech rally comes as investors unpack a slightly lower consumer confidence reading of 100.4.
Continue reading for more on today's market, including:
- Put these 3 sports betting stocks on your radar.
- Automotive giant climbs after upgrade.
- Plus, choppy water for Sea; PENN pulls back and a peek into struggling EV stocks.
5 Things to Know Today
- Today's most popular Tesla (TSLA) model just logged two recalls. (CNBC)
- Former President Donald Trump's gag order regarding his recent hush money trail has been lifted by a Manhattan Judge. (MarketWatch)
- Sea stock slammed with downgrade.
- Analyst: casino stock valuation is "appropriate."
- It seems the EV sector can't do anything right.
Oil, Gold Backpedal
August-dated West Intermediate (WTI) crude fell for today's session, with yesterday's surge in price easing. Crude finished down 80 cents, or 1%, to settle at $80.83 per barrel.
On the back of rising Treasury yields and the anticipation of Friday's inflation data, gold fell. August-dated gold dropped 0.4%, to settle near $2,335.80 an ounce.