The Dow sat on the sidelines with a triple-digit loss
After back-to-back wins, the Dow cooled off with a triple-digit loss today. However, the S&P 500 and Nasdaq eked out their third-straight win, brushing off a lackluster semiconductor sector. Investors unpacked the latest batch of corporate earnings reports and looked ahead to January's jobs data, due out tomorrow at 8:30 a.m. ET. Amidst this choppy backdrop, the Cboe Volatility Index (VIX) logged a third straight loss.
Continue reading for more on today's market, including:
- Video game roundup: 3 earnings reports to unpack.
- Need a new strategy? Try day trading.
- Plus, next week's schedule; 3 chip stocks to watch; and behind HON's fall.
5 Things to Know Today
- President Trump's agenda is hitting roadblocks over spending concerns. (CNBC)
- A U.S. judge is giving federal workers more time to consider a buyout offer from the Trump administration. (Reuters)
- What's on tap next week?
- 3 semiconductor stocks that fell today.
- Multiple updates pressured blue-chip stock lower.
Gold Record-Setting Run Stalls
Oil futures fell again, albeit slightly, even after Saudi Arabia raised crude prices on Asian buyers -- implying strength in the region's demand prospects. Instead, an uptick in last week’s U.S. supplies and uncertainty surrounding tariff weighed. March-dated West Texas Intermediate (WTI) crude shed 42 cents, or 0.6%, to settle at $70.61 per barrel.
Gold's record rally has officially come to an end, with the contract for February delivery last seen trading 0.5% lower at $2,877.90 an ounce.