Stock Market Update
19-Sep-24 14:00 ET
Gold ends higher on Thursday, boosted by Fed's rate cut
Dow +645.47
at 42148.57,
Nasdaq +521.60
at 18094.88,
S&P +113.56
at 5731.82
[BRIEFING.COM] With about two hours to go on Thursday, the tech-heavy Nasdaq Composite (+2.97%) is hovering near gains of 3% on the day.
Gold futures settled $16 higher (+0.6%) to $2,614.60/oz, after the U.S. Federal Reserve yesterday cut interest rates by 50 basis points.
Meanwhile, the U.S. Dollar Index is up about +0.1% to $100.67.
