Stock Market Update

02-Jan-25 14:00 ET
Gold hits two-week high amid market decline and geopolitical tensions
Dow -335.58 at 42208.64, Nasdaq -173.18 at 19137.61, S&P -47.46 at 5834.17

[BRIEFING.COM] The tech-heavy Nasdaq Composite (-0.90%) is down about 173 points on Thursday afternoon, hovering just off session lows.

Gold futures settled $$28 higher (+1.1%) to $2,669.00/oz, jumping to a two-week high amid safe-haven demand and geopolitical tensions ahead of President-elect Trump's inauguration.

Currently, the U.S. Dollar Index is up +1.1% to $109.33.

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