Stock Market Update
23-Jul-24 14:00 ET
Gold snaps recent losing streak
Dow +24.12
at 40439.56,
Nasdaq +27.24
at 18034.81,
S&P +4.98
at 5569.39
[BRIEFING.COM] With about two hours to go on Tuesday afternoon the tech-heavy Nasdaq Composite (+0.15%) is atop the major averages.
Gold futures settled $12.60 higher (+0.5%) to $2,407.30/oz, snapping a four-session losing streak, jockeying for position ahead of GDP and PCE data later in the week which could give further validation on investors' thinking for the Fed's rate path.
Meanwhile, the U.S. Dollar Index is up about +0.1% to $104.46.
