Stock Market Update
05-Sep-24 14:00 ET
Gold higher amid weaker ADP report
Dow -188.46
at 40786.51,
Nasdaq +67.98
at 17152.26,
S&P -10.11
at 5509.96
[BRIEFING.COM] With about two hours to go on Thursday the tech-heavy Nasdaq Composite (+0.40%) has climbed to afternoon highs, now up about 68 points.
Gold futures settled $17.10 higher (+0.7%) to $2,543.10/oz, stronger as the market gauged how big the Fed's potential rate cut could be this month after the weaker than expected ADP Employment report out this morning.
Meanwhile, the U.S. Dollar Index is down about -0.2% to $101.12.
