Stock Market Update
18-Dec-24 13:55 ET
Gold slumps in front of rate decision
Dow +164.66
at 43614.56,
Nasdaq +42.45
at 20190.00,
S&P +11.82
at 6062.43
[BRIEFING.COM] The Nasdaq Composite (+0.21%) has eked into second place over the last half hour, up about 42 points.
Gold futures settled $8.70 lower (-0.3%) to $2,653.30/oz, this as the dollar strengthens ahead of pivotal Fed decision and 2025 outlook; yields are modestly lower following this morning's housing data.
Meanwhile, the U.S. Dollar Index is narrowly higher to $106.99.
