Market Wrap: Gold Rises To 5-Week High On Fed Outlook; Oil Surges As Libya Output Plunges; NatGas Drops 4%
Commodities were mixed as gold and oil rallied, while natural gas and grains underperformed. At the same time, the relentless run in stocks continued. The S&P 500 climbed to a fresh record high near 1765, bringing its year-to-date gain up to 23.8 percent—the largest annual increase since 2003.
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