Stock Market Update
20-Sep-24 14:00 ET
Gold pushes higher on Friday, adding to weekly gains
Dow +71.50
at 42096.69,
Nasdaq -65.25
at 17948.71,
S&P -9.99
at 5703.65
[BRIEFING.COM] With about two hours to go on Friday the tech-heavy Nasdaq Composite (-0.36%) is down about 65 points.
Gold futures settled $13.60 higher (+1.2%) to $2,646.20/oz, ending higher by a little shy of +1.4% this week, rising above $2,600 for the first time after this week's Fed rate cut; some Wall Street analysts suggest a correction is in order given the yellow metal's +20% advance in 2024.
Meanwhile, the U.S. Dollar Index is up about +0.1% to $100.73.
