August 28, 2017
Stocks were mixed in a narrow session ahead of key economic data later in the week capped by the August employment report on Friday. The day's economic news includes a widening in the nation's trade gap in goods for July which is an early negative for third-quarter GDP.
Massive hurricane flooding in Houston is certain to disrupt crude production and transportation as West Texas Intermediate fell more than $1 to $46.69. And gold also caught a bid, up nearly $20 to $1,315. Rates and the dollar both edged lower while the Dow posted a fractional loss to 21,808.