Dow Jones, oil drop/gold gains
Date 28 Oct 2021 time 07:16
The Dow ended lower 266.19 points, with oil down $1.99 and gold up $5.40.
The Dow Jones Industrial Average closed at 35,490.69, down 266.19, or -0.74%, the S&P 500 closed at 4,551.68, down 23.11, or -0.51%, and the Nasdaq closed at 15,235.84, up 0.12, or 0.00%
The Dow New York Stock Exchange ended lower on Oct. 27, pressured by the plunge in energy and banking stocks.
West Texas crude oil contract Intermedia or light sweets December delivery fell $1.99 to close at $82.66 a barrel. Brent North Sea London December delivery fell $1.82 to close at $84.58 a barrel. After the US government’s Energy Information Administration (EIA) said that US crude inventories rose more than 4 million barrels last week. which is contrary to the forecast of analysts
The price of Comex gold for December delivery rose $5.40 to close at $1,798.80 an ounce.
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