Stock Market Update
26-Jun-24 14:00 ET
Gold lower on Wednesday with dollar, yields once again applying pressure
Dow +25.00
at 39137.16,
Nasdaq +44.09
at 17761.75,
S&P -2.44
at 5466.86
[BRIEFING.COM] With about two hours to go on Wednesday the tech-heavy Nasdaq Composite (+0.25%) holds the lead among its major average counterparts, up about 44 points.
Gold futures settled $17.60 lower (-0.8%) to $2,313.20/oz, pressured in part by comments from Fed Governor Bowman who thinks it's appropriate to keep the fed funds rate at current levels for some time.
Meanwhile, the U.S. Dollar Index is up about +0.4% to $105.99.
