Stock Market Update

17-Jul-24 13:55 ET
Gold slips ahead of Beige Book
Dow +202.75 at 41157.23, Nasdaq -499.55 at 18009.79, S&P -76.20 at 5591.00

[BRIEFING.COM] The tech-heavy Nasdaq Composite (-2.70%) holds commanding losses, down about 500 points, ahead of the Fed's Beige Book which is due at the top of the hour.

Gold futures settled $7.90 lower (-0.3%) to $2,459.90/oz, ending lower despite hitting an all-time high at $2,488.40 earlier in the morning.

Meanwhile, the U.S. Dollar Index is down about -0.5% to $103.78.

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