Stock Market Update
12-Aug-24 13:55 ET
Gold firmly higher on Monday
Dow -209.57
at 39287.97,
Nasdaq +25.07
at 16770.37,
S&P -6.61
at 5337.55
[BRIEFING.COM] With about two hours to go on Monday the tech-heavy Nasdaq Composite (+0.15%) is now the only average in positive territory. At the top of the hour the monthly Treasury Budget is set for release.
Gold futures settled $30.60 higher (+1.2%) to $2,504.00/oz, continuing the late-week rally from last week, on renewed rate cut sentiment.
Meanwhile, the U.S. Dollar Index little changed at $103.12.
