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Boosted by this morning's inflation data, all three major indexes ended their three-day losing streaks, with the Dow adding 300 points for its best day in two weeks. It wasn't enough to push any of the benchmarks into the black for the week, however, leading both the S&P 500 and Nasdaq to snap their three-week win streaks. As the historically bearish month of September nears its end, stocks are still on track for monthly wins.
Continue reading for more on today's market, including:
Oil prices rose after news that Russia will partially ban diesel exports and extend gasoline export restrictions after a Ukrainian drone attack on the country's energy infrastructure. November-dated West Texas Intermediate (WTI) crude rose 74 cents, or 1.14%, to settle at $65.72 a barrel on the day, adding over 4% for the week -- its largest weekly gain in over three months.
U.S. gold futures for December delivery rose 1% to $3,807.90 per ounce, while Spot gold remained just below record highs. For the week, bullion added roughly 3.3%.
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