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Stocks finished the day higher, despite another round of disheartening jobs data that further solidified the portrait of a weakening labor market. The Dow logged a triple-digit win for the second consecutive day, while the S&P 500 and Nasdaq finished modestly higher, with all three major indexes nabbing record closes.
Elsewhere, Wall Street's "fear gauge," the Cboe Volatility Index (VIX) fell for the fifth-straight day, its longest losing streak since late June. Looking ahead, all eyes will be on producer price index (PPI) data tomorrow morning as traders look for more insight into next week's Fed decision.
Continue reading for more on today's market, including:
Oil prices rose after the Israeli attack on Qatar, though not as much as many were expecting. October-dated West Texas Intermediate (WTI) crude climbed 37 cents, or 0.59%, to close at $62.63 a barrel.
Gold prices hit yet another record high today. U.S. gold futures 0.2% to $3,685.60 per ounce.
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