Stock Market Update
18-Jun-24 14:00 ET
Gold higher following weak retail sales data
Dow +39.81
at 38817.91,
Nasdaq +23.30
at 17880.32,
S&P +14.43
at 5487.66
[BRIEFING.COM] The major averages have steadily moved higher over the last half hour, the tech-heavy Nasdaq Composite (+0.13%) now in second place.
Gold futures settled $17.90 higher (+0.8%) to $2,346.90/oz, as weaker-than-expected retail sales data served to aid interest rate cut optimism.
Meanwhile, the U.S. Dollar Index is down less than -0.1% to $105.28.
