Stock Market Update
13-Aug-24 14:00 ET
Gold slightly higher as PPI data pressures dollar, yields
Dow +326.53
at 39683.54,
Nasdaq +362.98
at 17143.59,
S&P +76.60
at 5420.99
[BRIEFING.COM] The tech-heavy Nasdaq Composite (+2.16%) is today's top-performing major average with nearly two hours to go on Tuesday.
Gold futures settled $3.80 higher (+0.2%) to $2,507.80/oz, aided in part by a weaker dollar and treasury yields which stem from this morning's pleasing Producer Price Index for July.
Meanwhile, the U.S. Dollar Index is down about -0.4% to $102.75.
