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The Nasdaq closed out a "perfect week" with five-straight record closes, securing its second-straight winning week alongside the S&P 500, which snapped its four-day win streak with a quiet loss. Meanwhile, the Dow extended its midday losses for a 273-point drop, though it still finished firmly higher for the week. Coming up, all eyes will be on the Federal Reserve's interest rate decision and subsequent commentary from Fed Chair Jerome Powell.
Continue reading for more on today's market, including:
Oil prices jumped on concerns over Russian crude supply. October-dated West Texas Intermediate (WTI) crude added $1.10, or 1.76%, to $63.47 per barrel, tacking on 1.3% for the week.
Gold prices are still hovering below record highs. U.S. gold futures rose 0.3% to $3,685.60 per ounce today, marking a fourth-straight weekly gain.
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