Stock Market Update

12-Jul-24 14:00 ET
Gold modestly lower on Friday, up nicely on the week to extend streak
Dow +477.23 at 40230.98, Nasdaq +270.38 at 18553.79, S&P +70.42 at 5654.96

[BRIEFING.COM] With about two hours to go on Friday the tech-heavy Nasdaq Composite (+1.48%) is at HoDs, up about 270 points.

Gold futures settled $1.20 lower (-0.1%) to $2,420.70/oz, finishing up +1% on the week, extending its weekly winning streak to three after this week's economic data served to bolster sentiment that the Fed may cut rates soon.

Meanwhile, the U.S. Dollar Index is down about -0.3% to $104.11.

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