Stock Market Update
31-Jul-24 13:55 ET
Gold higher ahead of policy decision
Dow +246.45
at 40989.58,
Nasdaq +399.53
at 17546.95,
S&P +82.88
at 5519.32
[BRIEFING.COM] The market holds onto its gains ahead of the Fed's policy decision, wherein the market isn't expecting a move on rates; currently, the tech-heavy Nasdaq Composite (+2.33%) holds a commanding lead among its counterparts.
Gold futures settled $21.10 higher (+0.9%) to $2,473.00/oz, climbing higher as the dollar and yields wane into the Fed's policy decision.
Meanwhile, the U.S. Dollar Index is down about -0.3% to $104.28.
