[BRIEFING.COM] The S&P 500 (+0.5%), Nasdaq Composite (+0.5%), and DJIA (+0.4%) continue to drift in a sideways range this afternoon.
Gold and silver prices both hit record highs today, adding to a tremendous rally this year. Gold futures settled today's session $82.20 higher (+1.9%) at $4,469.30 per ozt.
Rising metals prices have kept the materials sector (+1.1%) near the top of today's leaderboard, with Newmont Corporation (NEM 104.54, +3.24, +3.20%) and Freeport-McMoRan (FCX 50.42, +1.28, +2.59%) among the outperformers.