Stock Market
Dow Finishes Up Despite Slowdown Signs
In commodity markets, crude oil for October delivery gained 59 cents, or 0.8%, to settle at $74.67 a barrel.
After the close of trading, the American Petroleum Institute said crude oil inventories declined by 7.31 million barrels in the week ended Sept. 3, significantly exceeding analysts' expectations from a drawdown of 730,000 barrels, according to Platts. The Energy Information Administration will release its weekly oil supply report on Thursday morning, a half an hour after it issues its weekly read on natural gas storage levels. The December gold contract lost $1.80, or 0.1%, to settle at $1,257.50 an ounce. Gold prices rose to a new high on Tuesday as investors flocked to safe-haven assets.
The benchmark 10-year Treasury note fell 16/32, lifting the yield to 2.654%.
Meanwhile, the dollar traded weaker against a basket of currencies, with the dollar index lower by 0.3%.
--Written by Shanthi Venkataraman and Melinda Peer in New York.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,454.83 | 1,317.82 | 2,837.53 | 17.45 |
Oil *
107.26
|
|
DOWN
74.92 |
DOWN
2.86 |
DOWN
1.85 |
DOWN
0.14 |
10 Yr
1.74%
SPDR Gold
152.68
|
|
-0.60%
|
-0.22%
|
-0.07%
|
-0.80%
|
Data delayed 20 minutes |
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