Stock Market Update
06-Jan-25 14:00 ET
Nasdaq leads gains; Gold slips as yields rise
Dow +78.09
at 42810.22,
Nasdaq +241.63
at 19863.30,
S&P +42.39
at 5984.86
[BRIEFING.COM] The tech-heavy Nasdaq Composite (+1.23%) is atop the standings even though gains have moderated somewhat since the morning portion of the session.
Gold futures settled $7.30 lower (-0.3%) to $2,647.40/oz, slipping as rising Treasury yields are offsetting a weaker dollar; investors also hold their breath ahead of Wednesday's ADP employment data as well as the FOMC's minutes from its Dec. 17-18 policy meeting.
Currently, the U.S. Dollar Index is down about -0.6% to $108.31.
